Good-not great, fellas.

Rating: 7/10 (25 June 2012)

Let me start off by saying that the movie was terribly downgraded by the use of narrative throughout. Scorcese did the narrative technique five years later with Casino and it ruined the film. Imagine hat a mess The Godfather or Scarface would have been with wall-to-wall narrative. So unnecessary and it takes away the feel of the movie. It's actually a crutch.
That said, Liotta turned in a Best Actor Oscar worthy performance.I don't think he was even nominated. Peschi deserved his Oscar for Best Suppoting actor. Both guys were intense and turned in flawless performances. DeNiro, oddly enough, turned in a sub par performance. His character was very understated and showed noting of the deranged killer he was to have portrayed. Lots of great scenes and period pieces. The rock n' roll soundtrack worked well. Lots of tunes from the Rolling Stones' 1972 album, "Exile on Main Street", as well as other Stones songs.
But oh, what could have been. Take away the narrative and allow the characters to develop within the context of the film and it's a classic.