LAKE VIEW. "Rolling Stone" magazine named it "Best Dance Club" in Chicago for good reason. This intimate joint has two bars, a small dance floor with a tiny stage, and bass cabinets that double as platforms for drag queens, exotic dancers, or fetish shows that perform on occasion. Video screens run "out there" reels that are put together by DJs. Music varies from new wave to house, and the last Wednesday of the month is disco night. Not for the closed-minded; a mixed crowd prevails.