I like Morton's a little better than Ruth's Chris. I like a local place called Jeffrey's quite a bit more than both, but it's also quite a bit more expensive than both-- it was George W Bush's favorite restaurant in Austin, for reference.
But I cook a steak as well as or better than all of them. And for quite bit less money. Plus most of those places have way too much crappy California wine and not nearly enough delicious Bordeaux on their wine lists.
So I cook delicious American steaks and drink delicious French wine at home, almost exclusively.