Even with all the bad reviews I was exceedingly disappointed by the film. I can't even count how many problems I had with it, how many bad creative choices there were. Terrible storytelling (I never thought anything could make me not like this book's storyline!). Soulless direction (disappointing since it was form the director of the rather moving "About A Boy"). Numerous "WTF?" moments (most notable: Iroek seemingly teleporting inbetween Lyra and the army, or somehow running inbetween them in a split second, since he wasn't anywhere near them before that one second--or even visible at all). A terrible soundtrack that was constantly droning but didn't even have one memorable theme. A rushing, rushing pace (from someone who LIKES a fast pace!). Terribly handled exposition (let's make everything so clear even the kiddies will think it's overdone, even though this isn't a children's series and was rated friggin' PG-13!). A general feeling of half-assery. And of course the missing ending. But by far the worst thing about the film was the terrible, terrible credits music. Dear god, it was HORRIBLE.
Even the visuals disappointed me. Too much blurry CG. The daemon shapechanging was cool, but these were mere details. Really, details were about the only thing I liked about the film.... >.< Iorek was pretty cool though.