Watched it for the first time today and thought it was ok. I didn't get the whole boy and old man Tonto angle and I think the movie would be better without it. It was a decent movie, but it's not close to being half as good as Pirates. It sucks that they dropped the ball with this because it could really be a good franchise, but there's no way they risk making another one.
Just saw it tonight, and I absolutely loved it. I think most people must have missed the point of the movie, based on the reviews. I thought it was fun, and very clever as well.
We saw it on the wonder...I quite enjoyed the movie and found it entertaining, but I think some people were put off by the reminders of what life was like, even though it was dineyfied.