I think it's a lot more
enjoyable than its reputation suggests, but that reputation is not entirely undeserved. I do think it gets vilified for things that certain RTD stories get away with (a great emphasis on character but little in the plot department, a great set-up but a poor resolution). There are some great lines and character moments in it, the direction is magnificent, Paul McGann is fantastic, Sylvester McCoy gives a great performance with what little he has to do and I think Eric Roberts is no more camp than Anthony Ainley (I think a lot of the vitriol toward his portrayal stems from the simple fact that he's American, to be honest - to some, an American Master is as wrong as an American Doctor).
However, I think a great deal of the criticisms stem from the half-human thing - the less said about it, the better. Just...
why? It does explain a great many things, but again, it's not
necessary. Sylvester McCoy himself has since opined that, although he was happy to do the movie and give his successor a smoother introduction to the role than he himself had (which he had always promised to do), it was probably a mistake to have him in it, at least at the start. Paul McGann gets little screen time as it is, and to have McCoy start off the movie diminishes that further. If they'd begun with McGann in the role and explained the regeneration later in flashback, that might have worked better.
On a similar note, the film doesn't make much concession to the uninitiated, but rather it presupposed knowledge of the series.

If you're introducing the show to a new audience, especially in America where
Doctor Who isn't even part of the Zeitgeist (I was 10 when the movie first went out and had never watched the show beyond channel-flicking through a couple of reruns, but I'd picked up enough about it through cultural osmosis to not be too lost), then you have to do what the original first episode did in '63, or what the '05 revival did; start in the familiar everyday world with recognisable characters and gradually draw the audience into the Doctor's world. The movie didn't do that. Imagine you don't know
anything about
Doctor Who; the film begins with a baffling voice-over over a shot of Skaro, that name checks Skaro, the Master and the Time Lords within the first 30 seconds, then after the titles cuts to this strange blue phone box thing spinning through some sort of... time tunnel, before cutting to a new location that can't possibly be inside the blue box because it's too big.
If they'd started on Earth with the street battle and the mysterious man being brought into ER with gunshot wounds, dying and then coming back to life in a new body, and then explained the back-story in bite size flashbacks, that might have worked. As it was, it probably lost mainstream viewers right away before the opening titles were over.
Doctor Who is a show that was made up on the hoof. In the beginning it was about a mysterious stranger from another world who travelled through time and space righting wrongs. That's all it needs to be. The mythology grew later, and as great and inventive as it all is - the Time Lords, Rassilon, Omega, the Eye of Harmony etc. - it's far from necessary. RTD in 2005 wisely stripped the show down to its basics, and at first reintroduced the only necessary elements of the mythology gradually. The '96 production team, bizarrely, dived in at the deep end, clearly feeling the need to steep themselves in the mythology of the show and pay lip service to the Daleks, Skaro, the Master, the Eye of Harmony regeneration and the 13 lives rule etc. In short, they crammed it all into one film, unnecessarily. Those things aren't
important, guys! To compound that, a lot of the references aren't entirely accurate anyway.
Some fans have a problem with the way the seventh Doctor met his end - rather than die a heroic death saving the universe, the powerful manipulative master planner, always one step ahead of the game, arrives in the wrong place at the wrong time, gets cut down in a hail of bullets (I guess the TARDIS scanner had been knocked out) and dies on the operating table. I don't dislike it, personally; I think it works in an ironic sort of way, but a lot of McCoy fans don't like it.
The plot, such as it is, doesn't stand up to much scrutiny. Why the totally arbitrary deadline of midnight before the world comes to an end? How and why did the Master become a CGI snake? How did he get into the TARDIS? Why doesn't Chang Lee figure out earlier that the Master is evil when he's going around killing everyone they come across? Why the
hell does the Eye of Harmony - a Gallifreyan construct - require a
human retinal print to open it?! What's it doing in the TARDIS?
The resolution flies in the face of
Who's established structure by having the TARDIS return in time to before the Eye was open, which seems to have the effect of undoing everything. No! It doesn't work like that. If the Doctor could do
that, you wouldn't have a show! He'd just be able to go back and thwart all his enemies' schemes before they even get off the drawing board, hence the thing of him not being able to cross his own timeline or he'd become part of events... or something. What the hell
is a "temporal orbit"?! It's none of the viewer's damn business, apparently. How is Grace able to hotwire the TARDIS? How does being any good at setting alarm clocks help?
The whole story is geared toward Grace becoming a companion. She quits her job, loses her boyfriend, then meets "the right guy" and helps him to save the world. Then she
doesn't go with him?! "I know who I am, and that's enough." Are you
insane, woman?!
I could go on but I'll let someone else have a go.
