The movie is wasted potential in my opinion. I think if they didn't do the time skip and actually went in depth with what Reed has been up to on his own, the movie could've turned out much better.
One of the main problems with this reboot is that we don't see the character development when the 3 members are locked up. Plus we never experience how Ben turned so cold hearted and ruthless. That to me is what the film is lacking, development. I don't care that it took an hour into the movie to get their powers. What bothered me was that the movie completely skipped over them adapting to those powers. (Which the 2005 version did so much better, in my opinion)
This movie had all the material they needed but decided not to flesh it out and explore the developments of the characters. Such a shame.