Lobster Trap has in my opinion the best lobster dinner and best atmosphere and service. It's always just felt like a very special place to us and they have really improved it over the years. The lobster is just incredible for the freshness of the lobster and the way they cook and prepare it.
Anegada Reef Hotel is also excellent for lobster dinner and has incredible conch fritters, everything is fantastic there. ARH is our second choice.
We love Potters if you want a more party atmosphere and the food is good, but not in the same class as the others. We've also eaten at Anegada Beach Club, also a very nice spot.
We had lunch appetizers at Flash of Beauty this last trip, it's definitely worth a stop. Great drinks, service, good food, and a wonderful beach and good snorkeling there. Great service as well. I think its our new favorite stop on the east side of the island.
Our opinion, setting aside interpersonal stuff, is that we still prefer Cow Wreck to Tipsy's. Cow Wreck is quieter, more serene, relaxing and personal. Tipsy's seemed bigger and louder to us, more of a party atmosphere with loud music and big gift shop. To each their own and hope everyone on Anegada succeeds, glad there are options for everyone and hopefully this input helps you determine what is best for you. We didn't eat at Tipsy's so can't comment on that. The food at Cow Wreck was good, but the conch fritters were, while still good, disappointing in comparison to our past experiences there. They seemed more doughy and just not as incredible as we have had there in the past.