They loved the nightlife, they got to boogie – they got nailed for tax evasion. The lively, contextual but much-too-laudatory documentary Studio 54 tells the rise and fall of Steve Rubell and Ian Schrager, college buddies who graduated to nightclub infamy. The duo dreamed up Studio 54, a former CBS-owned theatre in Manhattan that for a heady 33 months operated as a temple of dance, debauchery and three-dollar highballs. The film is initially stimulating as it sets the mid-seventies disco scene as a time of non-judgmental highlife. Studio 54 was a be-yourself escape place, with the extra bonus of routine celebrity sightings.