First off, if you're looking for mindless entertainment, this is not for you. It's the tale of a recovering drug addict and the director makes us work to pick up the story - there are no voiceovers or flashbacks, so all we're left with is the dialogue. That proved to be a problem for me as there is a lot of muttering in strong Australian accents and my hearing is not the best. Also, subtitles are not available.
Having said that, there are some very strong performances. Cate Blanchett is as good as ever, looking a bit like David Bowie in his Ziggy Stardust phase. You spend the entire film wondering if she'll fall off the wagon. Hugo Weaving is superb as the bi-sexual, heroin addict, Lionel Dawson.
It has a low-budget feel to it and some of the editing is sloppy. But it's powerful stuff and having watched it several times since I bought it, I always seem to get a bit more out of it each time.