Hey,
I'm pretty new to the Buffy phenom (didn't start watching until 2 months ago). I've managed to see some of first, and most of 2-4th season (Space shows nightly, is mid-5th season now).
The finale was good, but not great. Wasn't spectacular, but was good.
A few things I thought were interesting:
1) Buffy's "every girl who can be a Slayer, will be a Slayer" : This seemed as if it was planned and written from the first episode. It echos Joss' wish that girls learn from Buffy and become independent because of it - live up to their full potential. This brings me to point #2 ...
2) There are now *hundreds* or possibly *thousands* of Slayers running around? Whoa, wait a minute! Faith was a Slayer, and she went rogue. How many of these Slayers will go rogue without a Watcher? How is this going to affect continuity on Angel? (Although I never understood why Jasmine's presence wasn't experienced in Sunnydale - at least not that I saw).
3) Xander's line "That's my gal - always doing the stupid thing." Errr ... what? That didn't seem very like either of them. He also didn't seem too bothered by it - making jokes a few seconds later. This "alternate script" has Xander dying, Anya making above comment - that makes more sense to me.
4) Where did all those Bringers come from? I didn't think that they were in the Hellmouth ...
5) Angel appearance - lame. No oomph. No reason. Although Buffy's "go all Dawson" was *hilarious*.
6) I expect the amulet will be explained on Angel next season, as Marsters is now supposedly a regular ... ?
7) Spike's "No, you don't ... but thanks for saying it." was vindication to all Spike fans (I am one of them). Although I don't know if Spike would have said "I want to see how this ends" ... he has a knack for self-preservation.
8) Trogdor reference funny ... DnD reference funnier. Giles playing, funniest.
9) Unresolved prophecy from Dawn's mother's ghost ... was it the First or a real propechy? Bad.
10) Finally ... Faith and Wood funny. Faith needed a come-uppance. Even a little one. An interesting spin-off w/ Wood and Faith would be interesting.
A few extra notes: Kennedy is a boring character.
But I agree, it seemed like it should have been a two-hour episode.