I've been watching "Dick Tracy" for years, and as a result it's become a vital part of my life - it was with me throughout childhood and I used to see it quite often. Seeing it now, as an adult, it's still a very good movie - dark, satiric and incredibly misunderstood. About the only thing that can be said is the Oscar nomination Pacino received - other than that it is rarely discussed and didn't make much of a fuss when it came out.
Pacino is over-the-top but to good effect as he's clearly having loads of fun. Beatty is great as Dick Tracy and behind the camera manages to capture the atmosphere of a film noir comic book better than any other film, possibly, I have ever seen. Just taking a look at one scene from the film is breathtaking. The lighting, velvet overtones and smog/smoke combine to create a great effect.
There are some really funny cameos including one by Dustin Hoffman as "Mumbles," and I don't think there are any flaws at all in terms of acting - even the mandatory kid-character is far better than expected.
Overall, a really fine movie that has become misunderstood over the years since its release and is incredibly underrated with only 5.7/10 average on IMDb. The critics' reviews are very positive (check out RottenTomatoes.com) and after seeing the film once again it's not hard to see why - this is a perfect example of capturing the essence of a comic book, from style to eccentricity.
Highly recommended. 4.5/5 stars.

If the term itself were not geographically and semantically meaningless, one might well refer to "Ned Kelly" as an "Australian Western." For the people Down Under, Ned Kelly was, apparently, a folk hero bandit akin to Robin Hood, Jesse James, Bonnie and Clyde, and Butch Cassidy and the Sundance Kid. The descendant of Irish immigrants, Kelly became a fugitive and an outlaw after he was falsely accused of shooting an Australian law officer, a crime for which his equally innocent mother was put into prison. To get back at the government for this mistreatment, Kelly, his brother Dan, and two other companions, became notorious bank robbers, winning over the hearts of many people in the countryside while striking a blow for justice in a land where Irish immigrants were often treated with disrespect and disdain by those who ran the country.
Perhaps because we've encountered this "gentleman bandit" scenario so many times in the past, "Ned Kelly" feels awfully familiar and unoriginal as it pays homage to any number of the genre's stereotypes and clichés on its way to the inevitable showdown. Ned is the typical heart-of-gold lawbreaker who kills only when he is forced to and, even then, only with the deepest regret. He also has the pulse of the common folk, as when, in the middle of a bank robbery, he returns a valuable watch to one of the customers, after one of his gang has so inconsiderately pilfered it. What movie on this particular subject hasn't featured a scene like that? It's acts of selective generosity like this, of course, that earn him the love and respect of all the little people who come to secretly admire anyone who can get away with sticking it to the powers-that-be and the status quo. Geoffrey Rush plays the typical bedeviled law enforcer who feels a personal stake in bringing down this upstart troublemaker who keeps getting away with tweaking the establishment. There's even the inevitable episode in which one of the ladies being held up goes into the next room and has sex with one of the robbers, so turned on is she by the romantic derring-do of the criminal lifestyle. And the film is riddled with one hackneyed scene like this after another.
Heath Ledger fails to distinguish himself in the title role, providing little in the way of substance to make his character either interesting or engaging. It doesn't help that he has been forced to provide a droning voice-over narration that underlines the sanctimoniousness and pretentiousness of both the character and the film.
"Ned Kelly" might serve a function of sorts as a lesson in Australian history, but as an entertainment, it's just the same old story told with different accents.