It's gorgeous. I would say it has a dreamlike beauty, except that my dreams don't look that good.
And it may be the fastest movie I've ever seen. It runs 113 minutes. Usually during movies, even movies I like, there are times when I space out or wonder how much longer it's going to be. In this case, they were setting up the sequel and I was expecting more adventures and then the movie ended.
Nitpicks and spoilery stuff will appear as my first comment because lj-cuts don't appear in previews, so I don't entirely like doing cuts for things I want to conceal.
Trailers: I want to see The Spiderwick Chronicles, The Great Debaters (about a top notch black debate team during the civil rights era), Inkheart</a>, and possibly Horton Hears a Who</a>. The proportion of promising trailers was unusually high, and most of them seemed to be from New Line Studios.