We compute the large N limit of the localized three dimensional free energy
of various field theories with known proposed AdS duals. We show that
vector-like theories agree with the expected supergravity results, and with the
conjectured F-theorem. We also check that the large N free energy is preserved
by the three dimensional Seiberg duality for general classes of vector like
theories. Then we analyze the behavior of the free energy of chiral-like
theories by applying a new proposal. The proposal is based on the restoration
of a discrete symmetry on the free energy before the extremization. We apply
this procedure at strong coupling in some examples and we discuss the results.
We conclude the paper by proposing an alternative geometrical expression for
the free energy.Comment: 40 pages, 7 figures, using jheppub.sty, references adde