I know I am little late coming to this thread but I think I am about the only person around who really doesn't like St Elmo's. For me on a few occassions, they don't make any attempt at cooking a steak properly.
Shula's on the other hand, I think is absolutely great. It was the first of the Shula's and I went there fairly soon after they started and was impressed and have been impressed every single time I have been back.
I see that as I post this, FlyerTalk has a Ruth's Chris add to the right of my post with a big filet that looked awesome.