I just got back from seeing it and for the first 45 minutes or so I couldn't believe how badly people dissed it, I thought the initial fight with Hobgoblin was cool as well as Flint becoming the Sandman, and then the incredibly tortuous Act II unveiled the rotten core that I'd heard so much about. Peter's dark side was laughable and Raimi doesn't have much feel for the intimate scenes-everything felt forced and heavyhanded. By the time the finale rolled around I had lost interest in the goings-on. The finale itself looked great but was completely cheesy. Glad I waited for the 2nd run at the discount theatre.
Scott
Jesus died for your sins, get your money's worth. Chad Daniels