I have eaten Monsieur Paul twice in the past. Both times we came away feeling the food was good/fine but limited and the service inattentive/inexperienced. It was not something we would repeat in that form, at that price. The room was half full both times at $119 per person, I am wondering how it will perform at $195. Interested to see if reported ratings of the food and service will go up and match the price.
The $100 cancellation within 72 hours is a "no" for me. Before a trip, I'm routinely tweaking my ADRs right up until the last minute. It's one thing to be charged $10 within 24 hours but $100 within 3 days? Forget it.