Stephanie and I watched this a few nights ago and were a bit underwhelmed. I think we can all agree that a rating system for films is a good idea. Maybe the current system isn’t perfect, but aren’t there more pressing issues in the industry, such as the increasing irrelevance of the physical distribution model and the gradual destruction of the movie-going experience for the sake of revenue generated by pre-movie ads and in-movie product placement? As movie distribution shifts from theaters to Netflix, Bittorrent, etc., I think the rating system will have less meaning and the NC-17 rating won’t be a death sentence for a film’s commercial prospects.
I did find the appeals process interesting; the appeal board was made up almost entirely of VPs from the major theater chains and movie studios. It seems like they would be more inclined to change NC-17 ratings to R ratings, since R rated pictures will have a higher gross. I wonder why this group chooses, in the majority of cases, to uphold the original MPAA rating?
All in all, not a bad film, but not the dramatic exposé I was expecting.