saw it a couple of nigts ago and it was alright,
i guess when watching a teen movie i'm starting to want either fluff (a la john hughes) or intense shit (a la kids)
this movie felt like they started with a really good premise but were afraid they would scare off more mainstream audiences if they got too deep into it.
they brought in a lot of factors that they could of played out for more value like:
-o's former life (he wasn't from the ghetto but did he have a drug addiction just the same?) and if he was really accepted at school
-julia stiles' roomate's story- was it jealousy, was she just a ho looking for love, or an idealistic teenager
-josh harnett's experience as a middle/lower class kid at a school of rich kids
yeah some of the parts were pure cheese- the soundtrack was soooo not happening and the dancing was pretty dry too, even for movie standards. but there was some good dialogue, o and stile's bed conversation and his closing soliliquy.
i'd say it's worth renting. not all style and no substance like one might suspect. especially if you've seen the original play put on and various (modern) adaptations it makes good food for thought