No, it's not an accurate movie at all.

Rating: 3/10 (23 April 2006)

Why anyone would like this steaming pile of dog crap must be on drugs, or never played the games. There was so much wrong with this movie. I can excuse the change of the characters and little minor details as creative license but the storyline is horribly mangled that there is little that could save it. The monsters and town were faithfully translated onto the big screen, but not the plot.
There was no plot. Alessa, in the movies was burned by the church because she was allegedly the spawn of the demon. Then there was a coal fire that was written into the story because the director thought it was cool. She then lashes out at the townspeople by trapping them in a hellish limbo with monsters.
First of all, in the games, Alessa creates the ghost town to get away from Dahlia, not to lash out at some church that burned her from being hell spawn. In fact, there wasn't even a friggin' church like that in the game to begin with. There was a cult, but they weren't wacko puritans like they are in the film. They were concerned with giving birth to a god named Samael, which was nonexistent in this movie. That alone knocks this film to mediocre status right away. If the major plot device in the game doesn't exist, then what good is it? That makes this movie just an empty shell that capitalizes on the shock value of the gore of the series, and nothing more. All the director and screenwriter meant to do by creating this movie was say "Hey there are monsters, they are scary, let the masses just focus on them, and not the lack of plot." About half-way, the movie begins to suck. The screenwriter must've realized that the story was too butchered to continue with a bang, so the plot becomes dragged-out, and boring. There was no point for any of the story after Rose and Cybil reach the hotel. And they should've ended it there, but they didn't. At the end, Rose and Sharon are trapped in the limbo world for whatever reason. They must've given up hope in trying to explain anything, and just decided to end the story as quick as possible, no matter the cost of reason.
There were nice little references back to the games which were nice little touches, but they were overshadowed by the sheer amount suckiness. The little 30 second clips of some of the music tracks from the first two games were kinda neat, and the faithful monsters and town give this movie a little boost in the cool-factor, but they alone couldn't save this travesty.
Don't go see this film. If you know anyone who wants to see them, beat them with a blunt object and get a new friend.