I'm totally "thumbs-up" myself for the new Kong. And I'm a guy who loves the original, I have it here at home on DVD. This movie isn't perfect, but has a lot going for it and much to offer just about anyone who isn't determined to be mazimally cynical from the get-go. There's a sufficient amount of character development while the story is developing in New York and while they are on the boat en-route to the Island. Jackson included plenty of action, once the crew get to the Island and the special effects were well done overall IMO. There are a number of scenes that are intentionally laugh-out-loud funny and at least one of the characters is continually in comic-relief mode. The Island "witch-people" were a truly scary and creepy bunch. By the end of the movie I found myself very much liking Kong and rooting for him, even though I knew he was going to die. I felt heart-broken when he finally fell from the top of the ESB, like I would to see a dog dying from being car-hit.
Where he let me down was with the over done (as someone mentioned) giant insect scenes. A little bit of bug work in the movies goes a long way in my estimation and he just went over the top with it. And although I loved the Bronty chase, it could have been just a tad shorter. Also, I don't quite get the "Jimmy" character, either, what was he there for?
So, a few flaws in an otherwise very entertaining and memorable movie don't rate all the negative talk I've read so far. No one will win an Oscar, but it's one of only about four or five movies that were worth watching this year.