Visually it's amazing. Eye popping. And the acting/storyline is superb. There are A FEW scenes where you can tell it's a blue screen/CGI but overrall it's amazing.
Definitely not your kids' "The Wizard of Oz." Nothing really "adult" happens but when it's scary it's SCARY. It doesn't totally explain why certain people are...well I can't explain it without giving plot away. But it's very similar to TWOO plot let's just say.
Check this out if you are a fan of the original or even if you aren't. You won't be disappointed, but just don't think it will blow your mind or win a TON of Oscars.
My one complaint: Rachel Weisz and Mila Kunis play sisters yet Rachel never loses her British accent. Sorry minor detail, but still annoying.