Its certainly not an A-ticket, but its not an E-ticket either. I'd say probably about a low D-ticket. Maybe a high C-ticket since that is what I would consider the Monsters Inc ride in DCA and its no better than that.
By far an E. It definitely meets if not exceeds other E tickets in theming and storytelling such as Splash Mountain, Pirates, Haunted Mansion, Everest, and TOT.
^ yes, that's sarcasm I can appreciate.
But what's sad is that this attraction could have spurred similar real reactions. The idea of an interactive monster comedy club has true potential. Unfortunately, the effort they have on display is lame at best.
I have to admit I'm a definite fan of the attraction and wound up seing it several times during my last visit. I get the criticisms of it, but still really enjoed the Laugh Floor. I think it should probably be a C ticket.