The acting is nearly perfect. Especially from Burns and Hoffman. The supporting cast are also wonderful in their roles. Burns is the one that really stands out from the other characters.
The director uses a lot of shadows in this movie. Every shot appears to be set up well.
The only thing I'd liked to have seen is more of Andy Garcia. He doesn't appear until near the end of the movie.
I would suggest that you either rent this as a first choice, or watch it on HBO (or other cable channel).