Lady in the Water

The Good:
It was a very good fairy tale.

The story was intriguing and kept you guessing throughout the film.

The characters were believable and you just felt for them. You wanted to believe.

Paul Giamatti was wonderful, as was Bryce Dallas Howard.

The Bad:
I dislike M. Night Shyamalan for many reasons, but the main one is that he insists on casting himself in a central role in all his movies. This movie was his worst call thus far. He really should keep himself out of his movies. There are plenty of actors out there who could do just fine.

A lot of the effects were just poorly done.

All in all:
For the most part I tend to avoid Shyamalan flicks like the plague that they are - but this is one case where I would recommend going against that principle. It was a very good film - his role aside.