This is a disjointed, embarrassing, histrionic hodge-podge of a movie that never comes anywhere near to capturing the magnificent La Streisand's glory days of 'Hello, Dolly!' and the sublime 'Funny Girl'.
There are several reasons for this, though none are to do with the performances given by the leads; Streisand reprising her role as Fanny Brice does what she can with a truly lousy script, ditto James Caan as her hapless second Husband, Billy Rose.
Why 'Funny Girl' fails so badly is the fact that it seems to have had eighteen different writers, producers and directors working on the project at any one time. At one point, early on in the movie, Fanny complains of Rose's show that 'the whole damn thing is overproduced' - ironically, a metaphor for 'Funny Lady' itself. Musical numbers are shockingly produced - 'Clap Hands, Here Comes Charley' looks and sounds like a singer in great pain, while Barbra's showcase songs 'Great Day' (embarrasingly racist) and 'Let's Hear it for Me', while beautifully performed, are hideously shambolic mish-mash affairs of direction and choreography, or lack thereof.
The script, too, is second-rate. Why is Fanny a big bee-yotch all of a sudden? When did the hard-nosed businesswoman come along to replace the sweet, funny Fanny of the previous movie? She's too mercenary now, all shares and profits, and her femininity doesn;t really begin to show until the 'Isn't This Better?' moment (a beautiful song, and an even better performance), but this is towards the film's end, and by that stage we're just plain tired of Bitter Barbra.
Bearing little to no resemblance to its predecessor, 'Funny Lady' is a terribly poorly-produced movie, full of beautiful songs and really awful visuals. Buy the soundtrack instead.