I'll back up the Grump on disliking Equilibrium. Its primary action coolness -- the gunkata stuff -- didn't fly with me, as they looked, well, stupid. The sword/stick-work was decent (thinking of the practice match with Diggs and the lovely fight with Diggs at the end of the movie), but anything involving gunplay just left me cold.
As far as the plot... stupid. Stupid stupid stupid. I'm sure apologists will come up with massively convoluted reasons that these things are brain-dead stupid, but off the top of my head, from my one viewing:
- The lack of emotion stuff didn't sell for me. People were showing emotions, but only in places, and unevenly. The drug represses emotion, but, well, it doesn't, evidently, so we don't really have much of a movie. If the writers of the movie really did have some kind of "Oh, anger is an emotion but pride is not" justification, that's something that the audience needed to hear.
- I could conceivably buy that people might buy the idea that crime and war come from emotions, but I don't believe that's actually the case. Crime and war come from people wanting the resources that other people already have. Take away emotions, and you've got the ants from "The Once and Future King" who come up with cold, logical rationalizations for attacking somebody else to take their stuff. This could well be happening in the world of the movie, but if you're going to try to sell this as your core concept, you need to address this issue and not force me to assume that it's happening somewhere.
- You have a mandatory drug that represses emotion but not a simple blood or urine test to tell whether people are using it as directed? If you're not doing the injections through government mandate, and the injections are mandatory, then, well, you need to come up with a blood test or something. Duh.
- In the future, all servers will be flatscreen and totally un-backed-up, so that a guy walking down a hallway shooting monitors will be able to disrupt the operations of at least a city and possibly an entire country.
People walking around with long black (gray?) trenchcoats calling themselves Grammaton Clerics and using rapid-reloading pistols and katanas... yeah, it's cool when you say it like that. But when you look at the inherent stupidity of the premise and execution, you end up with "Trenchcoats are cool, and finally, a movie has tried to justify the fact that I'm standing in one place just swiveling around and somehow I'm now impossible to shoot. Oh, and it's okay to be a repressed badass, as long as you're a repressed badass fighting for justice."