I caught this at the New York film festival and my expectations were about as low as they could be. I was never a huge Adam Sandler fan, and I hadn't ever taken a liking to PT Anderson's other films. I thought that Magnolia was pretty flimsy writing-wise, and I also thought that it got way too much undue attention when it came out.
I couldn't believe how great Punch Drunk Love was. It seems to be the polar opposite of Magnolia. Where Magnolia was sprawling, messy and often generic, Punch Drunk Love is short, tight and completely fresh. It reminded me of Fargo, in a way. It centers on a very small cadre of characters, it's incredibly focused, and it creates its own world for those characters to live and move around in.
It's been mentioned here before, but the art direction is stunning. I haven't seen such memorable visuals since The Royal Tenenbaums. In a grocery store scene, the items are stacked vertically by color (echoing the color bars that appear periodically between scenes), making the scene appear otherworldly. Other sets are bare of color or distinction. Sandler's love interest in the film (played by Emily Watson) lives in a maze of white corridors. Somehow, every "place" in the film has its own character and association. Even the characters become associated with particular colors.
The movie ends up being genuinely romantic while deviating completely from the very stale paradigm for romantic comedies of the last decade: Watson's character pursues Barry Egan; their inability to hit it off from the start is more character-driven and psychological than situational. Through the use of bizarre props and surreal scenes, the anxiety and frustration of Barry Egan becomes totally absorbing and affecting.
This is a wonderfully directed film. There isn't an extraneous moment. The visual style and pacing are particularly great. There's an interesting subtext in the film about communication - enormous background noise while characters are on the phone, Barry Egan's sisters' voices create this wall of noise (all voices making fun of him), telephones figure predominantly, the opening scene is completely bereft of background noise or music. There are a lot of interesting things to consider when it comes to the theme of communication and how sound is handled in the film.
That said, I'm already cringing at how most people are going to react to this. The Adam Sandler fans might find it too weird. People who liked PT Anderson's other movies might find it too pretensious. I was thrilled to have my low expectations completely overturned. This movie is great.