Saw it last night and for the first 15 minutes, I was a believer! Definitely one of the best openings I've seen in a movie. The Comedian getting killed, clips from the 40's with the Minutemen all the way to the late 70's. Very well done. But after that...the flow of the movie felt rushed, I'm sure this was to be expected, but the power that's presented in the book didn't translate all that well into the movie.
Now the acting was great, save for one "Goode guy", every actor/actress played their part to a T. But the directing...sure Snyder followed the book, for the most part, but it felt like he jumped ship several times. Now Snyder, who changed some things so non fans would love this movie, did keep some scenes from the comic that only real fans or folks who have read the book would understand. But he didn't really clarify it for the majority.
And then there is the "ending"....eh. You know the squid isn't in it, yet you try to convince yourself, "it's gonna be alright." And it's the same one we all dreaded and feared that would come true. I don't know why Snyder picked that for his ending. Yes I do. He 'wanted' to please Hollywood and it's minions.
Now I really enjoyed the majority of comic book movies that have come out over the years. Watchmen does have it's place, yet it's not as high as it could have been (I'll give it a second chance when the extended DVD comes out. And it shouldn't be unrated, because I don't know what else you can add to this movie to make it so.), so it's a bit of a disappointment. Since Watchmen is one of the best graphic novels of all time, the movie deserved nothing short of being same. But it failed.
But even after all that...it was still a good movie. But only a good movie.