I think it's a great film. I think Gilliam did a great job adapting the book, and it works very well as a comedy as well as Thompson's own view on the world in the early 70's. I personally loved it for the subtle moments all over the film, and I disagree on Depp's acting. I think it's safe to say if Depp's overacting, Thompson is overliving. Hell, just listening to him talk on the commentary or watching the videos of him is enough.

My favorite scene has to be the bathroom scene with the Hippie.

Whaaats the trooouuuuuble?