IMO: Oliver Stone is hit or miss, but generally worth a watch. The trailer to this caught my eye, so I grabbed it off the torrents last weekend.
I would rate it 4 out of 10.
Political disclosure: voted for Bush in '00, turned against him in '03 when the Iraq War began. I've spent time on both sides of the W issue, so hopefully that gives me a shred of objectivity.
The trailer gave me the impression that this was going to play as a comedy, and to be honest, I think a well-made dark comedy about Bush II could be a real winner. This wasn't it.
I'm not quite sure what the message of this movie was supposed to be. Although overwhelmingly critical of Bush, the movie takes time to build sympathy for Bush also. His failure to live up to his father's expectations and legacy are drawn out over several confrontations with Bush Sr, but ultimately, this plot point, like the Presidency itself, remains unresolved.
There is no character development, no resolution, and no real insight into anything that hasn't already been covered elsewhere with greater accuracy.
I also find it interesting that in Stone's version of history, Colin Powell gets a complete pass. It makes me wonder if Stone was prophetic, or simply re-cut a few scenes after Powell's endorsement of Obama (extremely unlikely, given the schedule).
If you enjoy kicking Bush while he is down, this film is for you. If you've grown bored of Bush, or are fed-up with Bush-bashing, this is not the film for you.