I suppose it's because I grew up with it, but I greatly prefer food from these type of restaurants than from fancier more expensive restaurants.
I don't even know where the nearest applebees, chilis, etc is to me. I don't need to spend an arm & a leg to eat when dining out.
Sure, sometimes. But honestly I find that this is rarely the case. The same economic pressures exist for the small independent restaurants as well, and they need to use the same 'tricks' to keep costs down. My 'favorite' reasonably price local place in my neighbourhood is a lovely place to go, nice vibe, often has live music and is run by nice people, but I'd be lying if I said the food was fantastic.