At the risk of starting a riot, I HATED the film! Really, I thought it was the worst film I've seen in many years.
Phantom is my favorite obsession, and has been since 1987 when I first heard the cast recording. Yes, I'm one of those fanatics that gets upset when people refer to cast recordings as "soundtracks...
I have seen the show staged 15 times all over North America, including seeing Michael Crawford perform the title role. It really is a brilliant story, in the hands of the right director.
Joel Schumacher is not that director. My impression is that he saw Chicago and Moulin Rouge and decided that the show needed to have a nice, "modern" appoach to it, and that is the only reason I can possibly imagine for having people "Vogueing" during "Masquerade" (shouldn't that have died in the 80's anyhow?). Then during the Phantom and Christine's most intense duet "Past the Point of No Return" he filled the stage with all kinds of unnecessary masked people who added NOTHING to the scene and distracted from the important relationship...but no matter, climbing up onto the huge, unnecessary scaffolding-style set kept the scene from playing anyway.
But then there are the more important issues of the central characters. Emmy Rossum did an admirable job of trying to portray Christine, but quite simply she is too young yet to really play it to the maximum. Her voice is not yet mature enough to sing it, although I should think that in the next few years she'll be ready.
Patrick Wilson you would never guess to be a fine musical theatre actor because of the way Raoul was really wasted in the film. He's really much better than you'd think!
But the worst offender by far was Gerard Butler as the Phantom. WAY to sexy and WAY too confindent around Christine. No sexual tension at all, just sexuality, and the two must never be confused. Then after he is finally unmasked, it looked like a slightly more than moderate case of acne. I felt absolutely NO compassion for him, and in fact I had to fight guffaws of laughter at several points during the showing.
I did admire much of the look of the film, but it wasn't (nor should it ever be) enough to sustain the movie.
Well anyway, that's my opnion of it...