I saw this movie last night, I've never read the comic before and I didnt even know about the Watchmen before this thread was started.
I really enjoyed the movie although it was a little long. I didnt find it hard to follow, and I can see that they really tried to develope the characters - hence why it was so long, and a little meandering at times. And despite going into the theater thinking it was going to be cheesy, I didnt think it was at all. The fact that the majority of characters are
not definitively good or bad was very refreshing, and the same could certainly be said of the ending.
Solid storyline with lots of character depth (maybe almost too much), and bonus points for the stylish pop culture satire. I think I may have also developed a fetish for women in latex