The Good - RDJ is great as usual and is well supported by the remarkable Guy Pearce. Some, and only some one-liners hit the mark. The action and visual effects are a dazzling treat to behold. And that's the end of it. There is nothing else in this movie that is truly good to write home about.

The Bad - Where to even begin? This is one awful movie that shall take the studio a lot of soul-searching and fundamental reworking (irrespective of how much money this movie rakes in), in order to even attempt getting this great superhero franchise back on track. The direction is so shoddy that any recently passed out film school alumnus could have done a better job. The plot, characterization, story arc, and narration is simply all over the place and meanders along a confounding, restless, and disoriented path.

Hardcore comic book fans and Iron Man aficionados like me will certainly spew vitriol at seeing Mandarin - one of the greatest comic book villains and one of the fiercest adversaries of Iron Man - being reduced to a mere gimmick. The character's gross misrepresentation simply cannot be overlooked. Add to this, the character of Aldrich Killian - who in reality is nothing more than a minion and a small-time foe of Iron Man - being given superiority and control over Mandarin, and any mildly interested follower of Iron Man will begin to wonder if it would have been more prudent to hire some avid comic book fans to harness this script.

Even objective moviegoers without any predilections towards the comics, will be left largely dissatisfied at the total decimation of the narrative structure. This film is like a Hollywood 'Singham' or a 'Rowdy Rathore' in a superhero mold - that's how bad it is. Its nothing but a shrewd attempt to milk the cash cow and surreptitiously deliver insipid milk in a glossy packet to the unsuspecting audiences.

Those who've been comparing this rancid somnolence to "The Avenger" and "The Dark Knight" - two of the greatest superhero movies ever - and those who claim that "Iron Man 3" amalgamates the tones of both the aforementioned films, have either been bribed handsomely by the producers or perhaps they have watched a completely different movie. This film is more analogous to such superhero stinkers like "Batman & Robin", "Catwoman", Spiderman 3", "Green Lantern", and "Superman Returns".

Quite simply, one of the worst superhero movies ever, and a real blemish on the reputation of the classic 1st installment and the vastly superior 2nd installment.