Pretty good. Not great. Better than X-men 3.

Rating: 6/10 (1 May 2009)

I saw the midnight showing last night.
Yes, the bootlegs been out - but it's missing several FX scenes as well as 20 minutes of story. I got a copy of it, watched about a half an hour late at night, and fell asleep. I didn't bother to watch anymore because I wanted to see the finished product instead.
It was pretty good. Not great. Better than X-men 3, but that's not saying much. Liev Schreiber (one of my favorite actors) pulled off Sabretooth nicely, and Ryan Reynolds was perfect as Wade Wilson. Will I Am did surprisingly well. The Blob was pathetic. Gambit was pretty cool, and there are some other cameos that played well.
Hugh Jackman's earnestness in Wolverine really helps. He seems to really love being that character.
A little disjointed at times (which often happens when you try to cram too many characters into a movie) and it looks like the money was cut off as some of the FX scenes toward the end are pretty weak.
I'd give it about a 6.5