Awful writing, terrible acting (sorry Warwick, but you're not good here), bland characters (Jade, the ginger girl especially) and a really bad modern tone that doesn't match the source material at all. The wardrobe, phrasing, modern music in the titles, the overall general styling, it's just wrong. I keep seeing modern touches sprinkled throughout. Really takes you out of the story.
I'm still waiting for a sign of the original movie to turn up. It's all so boring. Nothing much happening other than modern teenage romance and angst. I guess I'm just not the audience for this.
Saying this, the character Boorman is a highlight. He at least is worth a star.