The only things I found sub par were the villains, both isabella and the indian guy were atrociously acted. I know they were going for over the top, but it was downright silly. I must've missed the part where they explained the motivation of the traitor who held Renny hostage.
It's funny, everything about this was much better than the commercials preceeding it. The movie itself, the midget that they hired to play Phantom actually can act, the love interest looked butt ugly in the promos but was "do-able" in the movie. And the action was interesting without CGI bullshit sprinkled all over. I was nonplussed by the wirefu in some shots but on the whole it was well done. I'm actually jonesing to see more from this Phantom.