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The reviews I read said it was good but unexceptional, which is probably fair. I really liked it, but I'm a sucker for giant robots and shit. One really positive review came from a feminist website because they really liked the Japanese girl and her being pretty much the most interesting character.
Yeah, that's what all the reviews I read said. I'd hardly call that being roundly panned -- far from it in fact. I really loved Pacific Rim myself.