I went to the 12:01 of Watchmen last night. ye-ah! I really liked it. and I WILL watch it again. It was deranged and visceral, definitely paying homage to its source graphic novel by being both graphic (gratuitous violence and sex), and novel (an alternate version of America, starting from the rise of an original group of Masked Avengers in the 40's that changed our history as we know it).
I watched 'Almost Famous' on cable the other night, and the scene where Jason Lee's character exclaims "We come off as amateurs, man, fighting and about to break up" kept coming back to me - this is a story of masked amateurs grappling with vengeance, inadequacy, fear of their own past, and narcissism. They don't have superpowers, save for Dr. Manhattan, who seems to be able to control the universe around him at whim, due to a freak accident that rendered him detached and blue (and for some reason, naked).
One of the guys I watched it with complained that there was too much backstory and not enough plot, but I vehemently disagree - without the backstory, what do we care about the plot?
Billy Crudup had the most thankless role, as he spent all but 5 minutes of the movie painted entirely blue with dead white eyes, conveying impassive detachment from humanity.
Jackie Earl Haley was vicious as the snarling Rorschach. His ever-shifting rorschach-like mask was well-animated, and managed to convey emotion even when he didn't speak.
Patrick Wilson was kind of the boy scout/batman of the movie as Nite Owl II, a role I wasn't sure he fit, but with his awesome 80's glasses, sad haircut, and paunch - his sad, settled, impotent character made you root for him to mask up and kick ass.
Matthew Goode was also good(e) as the success-driven Ozymundias. Whether it was the actor or lighting and contacts, his eyes fairly blazed with fervor akin to madness.
...Also, whoever the music producer on this movie was, I would like to kiss them. Their choice of music was note-perfect every scene.