No, it's actually really bad

Rating: 3/10 (14 May 2007)

Most other reviews have been very good at pointing out that this movie is "over-stuffed" and "weighed down", but most other reviewers have been way too kind. This movie is ridiculous. Simply stated, any movie that thinks a hero donning an emo-swoop is a key dramatic moment deserves to be scoffed at.
But emo-bashing popularity aside, this movie is still bad. A third of this movie (namely, the Sandman situation), should have been cut entirely, and I mean entirely. It did nothing to serve the plot and characters, until Raimi contrived a reason involving ol' Uncle Ben's death, which has been upsetting to Spider-Man fans of all types--but still doesn't do anything for non-fans either.
Secondly, the resolving of the lengthy three-film arch of Peter and Harry would probably have been a good service to the characters, minus the horrible, HORRIBLE moment of selective amnesia on the side of Harry. If anyone took that and the subsequent relationship between them seriously, then they deserve to be served the fluff Hollywood is pumping out these days. Awful.
And thirdly, importantly, comparing this movie to the Schumacher Batmans isn't that far-fetched, considering it's overindulgence of narrative lines that eventually culminate in a weighed-down and uninteresting story of too-much-villain. No single entity in this movie except for Peter Parker and Mary Jane are given enough of a complete development to even be given sufficient screen-time (Gwen Stacy literally disappears when she's not needed, and something some reviewers don't mention often is that she's only one of THREE love interests in this film, another aspect the movie didn't need).
As I understand it, Raimi, Maguire, and Dunst have a pretty poor working relationship. I think it shows. Everyone looks tired, uninterested, and frustrated. Even the special effects seem rubbery and lazy, as everyone rushes to just finish up their part. As duly noted by fanboys of various types, only Bruce Campbell shows some real energy... but that's because he's Bruce Campbell, and he's awesome, and everyone knows it.
Leave this movie for rental or a dollar theatre. It's successful because it's a franchise, and darned be the people who don't do their civic duty in seeing it so that everyone can be cultural aware in shared mediated experience. And yes, there will be more sequels. They may not have the same people in them (but considering the money, it's still possible), but as long as we have a self-functioning profit like this, why let it go? --PolarisDiB