I wouldn't say that it's so popular because it's food is significantly better than their competitor's - I'd be more inclined to say that it's because they're perfectly located with a killer morning view of the sun rising over False Bay. Live Bait is certainly a place to visit for breakfast on a clear good-weather day. If you'd like to visit a slightly more posh restaurant, visit Polana (it's sister restaurant with even better views), positioned conveniently above.