FOLLOW, FOLLOW, FOLLOW THE YELLOW BRICK ROAD: Oz: The Great And Powerful isn't a perfect film by any means, and bits of it will likely scare the bejesus out of the younger portion of the audience, particularly in the surprisingly well-done 3-D version. Franco is fine, in part because his standard "not caring" persona actually fits the character, Rachel Weisz gets to have some fun as a wicked witch, Joey King does some nice voice work, and it's nice to see Michelle Williams play a character who, for once, doesn't have "long-suffering" as a descriptor. Mila Kunis, on the other hand, winds up badly miscast. She's been likable enough when she's called upon to play the "cool chick" in Ted and Friends With Benefits, and she's fine until the script calls on her to make an abrupt character turn about halfway through the film.
Kunis also suffers from the film's toughest tightrope--while the original Baum books and illustrations are in the public domain, the material added for the MGM movie (the ruby slippers, particular character looks, the songs) and other recent derivative works (most notably, Wicked and its adaptation) are not, and Disney's lawyers have done a very careful tap dance there in how the movie has been designed, with much of the evasion directed toward her character (there's also an awkward Munchkin song).
The film's solid opening at least gives me hope that we're finally going to get a Wicked movie, and iconic as those two lead performances were in the original cast, I'm hoping they have the good sense to recast them more age-appropriately so we don't get a Rent with the performers all being way too old for their parts. Feel free to fantasy-cast away in the comments (Samantha Barks as Elphaba? Victor Garber as the Wizard?).