Let's see... Vampires vs. Werewolves? Cool. An ancient blood feud that comes to a head in modern times? Very cool. Kate Beckinsale in skin-tight latex beating the crap out of people and shooting everything in sight with automatic weapons? Off-the-hook cool. The movie Underworld, which features all three? Laughably bad.
What in the hell happened that such an amazing concept could be ruined so resoundingly? Well, with the exception of Kate, who looks amazing and plays the brooding bad girl perfectly... the acting is just over-the-top bad. Every character tries to be kind of an intense psycho-goth, but ends up funny instead. On top of that, it appears that budgetary constraints must have not allowed for decent special effects, because everything kind of has a retro-1970's look that is also funny. And now I read they are working on a sequel... so I hope they get the money to do it right, because a great vampire vs. werewolf film is something that has been missing in my life (I get women in skin-tight latex beating the crap out of me all the time).