Watched it last night and must say I wasn’t disappointed - the movie wasn’t that great as I expected but at least the SFX were ok.
Tom Cruise was unbelievable in his role, trying too hard. Dakota Fanning did nothing but screaming and Justin Chatwin was just irritating in his role as ‘child psychologist’ and wannabe-soldier; Tim Robbins had a small role only that’s actually not worth mentioning.
The movie also had more (plot) holes than Swiss Cheese and didn’t manage to grip the viewers, though there were some good laughs on occassion.
There are better blockbusters with similar or better effects that are at least entertaining overall (ID4, The Day After Tomorrow), and certainly WOW is not going to win anyone an Oscar.
Overall Spielberg seems to have lost his edge - time to retire perhaps?