Okay, I'll give some perspective before I announce my rating.
I have seen, and enjoyed, the old Flash Gordon serials -- very date, very cheesy, but fun.
I truly love old radio serials -- The Shadow, I Love A Mystery, Mercury Theatre of the Air, The Green Hornet, Sherlock Holmes, etc. In many ways, I like my pulps best in radio format.
I enjoyed the remake of
The Phantom with Billy Zane -- it was whopping great fun, looked right, but brought slightly modern sensibilities and timing to the genre. There were weak points, I readily admit, but it was fun. On top of this, everyone really got into their characters as written, not trying to make them anything other than they were meant to be.
I couldn't stand
The Shadow with Alex Baldwin -- while a lot of the look was right, I felt like everyone had their tongue firmly planted in their cheek and that even by the "logic" of the genre there were loopy bits (such as hiding the building). In the end, I felt the movie made fun of the pulp genre, rather than a tribute to it.
So, with this as background, onto
Sky Captain...
The movie looks lovely. I mean
gorgeous. I am glad I saw it on a big screen because so many of the effects look best there. The costumes were spectacular, the computer generated images magnificent, and all the rest.
OTOH, I found myself unengaged by the plot. The acting felt as flat as the screen (with the exception of Angelina Jolie, who swaggered magnificently). And while the build-up of the plot was pretty good, the ending fell like a bad souffle.
In the end, I give it a 5, though I edged towards a 6 for the visual.
To reverse the Broadway song, "Looks 10, Dance 3, that ain't it kid, that ain't it kid."