Nice effort, but too many failings. Admittedly, it expresses the plot better than the 1984 film, but it *feels* all wrong. Bad effects, poor visual design, terrible casting ... the list goes on. (Not to insult the actors, mind you -- they were just miscast for their roles.) Do yourself a favor and skip this one, read the book, then watch the 1984 film.
(Last seen pre-Flixter, and my memory is terrible. Rating is an estimate only.)