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Here's another thread, in which I listed some of the prices at Scarpetta. I think it is pricey, but not too much so, and it is worth it.
The night I dined there I did see children there - happily eating spaghetti with tomato and basil - so yes, they can go.
Dress can be casual, many dress a notch or two better.
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My experience at Scarpetta: http://chowhound.chow.com/topics/557911
Priced very well versus restaurants of equal caliber.
Dress code was business casual or better. -

