I'm all the way out on the West Side, but I know my local Mission Bay does rock. I do the Performance thing all the time. I was at the one in Naperville last night, and my step-father-in-law bought a new Fuji Pro at the one in Northbrook today. I've been ther a couple of times and, while it's too small for the ammount of product (can be overhwelming for a newbie) they do a good job.
As for buying a bike at Performance...I bought my Giant there last year because they were the only people that could get one, I couldn't beat the price, and I knew exactly what I was looking for. I had to ignore all of their advice on frame sizing, setup, etc. To be honest I was disappointed that they "had" to assemble my bike for me instead of letting me assemble it myself, but they did do a great job of assembly.
All-in all I have no complaints....now let's see how my step-father-in-law (Mr.EWorm) did...