Folks Folly is my favorite. Fleming's is great too. Flight is one of the best in town.
Folks Folly @ 551 South Mendenhall Rd., Memphis, TN 901 - 762 - 8220.
Flight Restaurant and Wine Bar @ 39 South Main St., Memphis, TN 901 - 521 - 8005.
I've eaten at Fleming's twice- the first time it was probably one of the best steaks I've ever had. The second time it was probably *the* worst steak I've ever had- same cut too! It was like trying to chew through a truck tire! It has been 5 years since then, maybe it would be worth giving them another chance...