Apart from some incredibly poor CGI the film LOOKED gorgeous, but man was the writing bad. The film tried far too hard to be dark and really just lost all of the fun Spider-Man should have. Due to the darkness any serious moments are killed due to it going from dark and moody to...dark and moody.
Another problem was that the romance seemed incredibly forced and cliche. The action scenes were severely lacking in any actual action, it reminded me of how in the 90s cartoon Spider-Man wasn't allowed to pull a punch, and the film did in fact have that annoying first person perspective from the trailers. While the acting ranged from okay (Sally Field as Aunt May) to great (Rhys Ifans as Doctor Connors and Martin Sheen as Uncle Ben), I saw a lack of most of the characters I know so well. Peter Parker is an asshole, Gwen is Emma Stone playing Emma Stone (I can't stand Emma Stone either so that was a REAL pain), and Doctor Connors/Lizard...has SERIOUS problems (can't get into without spoilers).
As for the plot everything just seemed so damned convenient. Things just seemed to happen and everything just happened to be connected, which of course leads to the film becoming incredibly cliche, boring, and forced. There are more problems with the film that I can't get into due to spoilers, but they messed up really bad on key themes of the Spider-Man mythology and Spider-Man as a character.
Unless you are going to literally die if you don't see this, wait for video because this was neither amazing, nor Spider-Man. 4/10
PS: Stan Lee's cameo, while not the best, is hilarious.
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