The magic is unbelievable and I have no idea how he does any of his illusions. Lance's lack of stage presence really detracts from the show. He seems like he is reading from cue cards that were written years ago.
The magic was big and impressive, but it just showed he had lots of producers assisting with him and a lot of custom-made props. That isn't necessarily bad, but it doesn't show off his talent personally. I was actually more impressed with Mac King, an afternoon comedian/magician at Harrah's (cost $30, not $100!). If you are looking for a good magician and to be entertained, then go to Mac King. That being said, if you are a huge magic fan, then I'm sure you'll be impressed by Lance Burton.
The auditorium has three areas: 1) main floor, 2) mezzanine and 3) balcony. We sat in the 4th row of the mezzaine, which was just a few steps up from the main floor. Main floor tickets are only available at the Monte Carlo box office. I'd recommend that if you see the show, you get the main floor tickets. The mezzanine (and thus, I'm sure the balcony) were too far away. Pay the big bucks and get the best seats if you can, if you decide to go.
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC.