It's a shame that Billy Bob Thorton and Co. had to cut so much from this movie. After two hours, I felt as though I could stand another two. This movie is an excellent rendition of Cormac McCarthy's novel, and remains very, very true to the book. The acting is nearly flawless, especially that of Matt Damon (John Grady Cole), Henry Thomas (Rawlins), and Lucas Black (Blevins). The directing was great, the scenery and landscape all very beautiful.
That having been said, I must include the comment that I wish this movie had not been edited so much. Having read the book, I could easily follow the story of the movie, and enjoyed it thoroughly. My wife, on the other hand, has not read the novel, and was completely lost throughout despite my attempts to piece together the scattered fragments for her.
This flaw (and a large one it is) makes it difficult for this movie to have widespread appeal. Unless you've read the book, plan on being confused most of the time. Still, this movie is well worth seeing, even if you have to read McCarthy's novel first so you can understand it.