In less than a decade with an entire trilogy behind it, Spider-Man has been rebooted. I believe this decision has to do with two factors, one being cost, Raimi and his cast were probably getting too expensive for the studio and secondly a younger cast for the youth oriented market. Either way, I believe after the third movie Raimi should have been given a chance to redeem himself since he setup the character and franchise so well, something this movie doesnt quite pull off effectively.
Peter Parkers back story is expanded to include his parents and particularly the association of his father with OsCorp, which determines the existence of the villain; Dr. Curt Conners transformation into a behemoth called The Lizard. He does so to save a dying Norman Orborne and to regenerate his missing arm. The movie tries to juggle this plotline with Peters growing teenage angst and his relationship with Gwen Stacy (Emma Stone) plus the loss of his uncle Ben (Martin Sheen). At 2 hours 20 minutes the movie has quite a lot of ground to cover and it does admirably well in certain parts while failing to tie up loose ends in others.
The action sequences are grand and use the city of New York well in terms of scale and present a grittier setting than any of the earlier cinematic versions of the film. However the city seems to lose its charm with the small quirks which the previous versions had.
The two stand-out action sequences are the final one atop OsCorp tower (Wayne tower anyone?) and one in the sewers where the Lizard is shown as a truly terrifying adversary for Spider-Man. The effects are top-notch and the 3D effects brilliantly done.
The love story works primarily thanks to the chemistry the actors share over any of the less than satisfactory writing. Emma Stone and Andrew Garfield are both very effective in their roles, though Garfield lacks Maguires social awkwardness and puppy-love characteristics.
The movie has a lengthy start and middle which reiterates much of the plot which the previous films touched upon, this could have easily been cut down and streamlined better in the overall film. Plus it lacks Uncle Bens iconic, With great power, comes great responsibility replacing it with a tamer Gifted people have the responsibility to do good for others.
Andrew Garfield and Emma Stone are great in their roles. Rhys Ifans makes for an interesting though largely unsympathetic adversary. Irrfan Khan talks in a mumbled fashion trying to put on an accent and disappears half-way through the film never to return.
The Amazing Spider-Man lacks focus and thats its primary undoing especially when compared to the first two films from Riamis trilogy.The great effects and good acting get undone by a script that tries far too many things without resolving them.
I hope with much of the setup out of the way Webb and his team and put together a stronger second film.