First 1/3 had a lot of cheesy moments (I liked them though, 'cause I liked the book), but the last 2/3's was perfect.
Only complaint was that it couldn't have been longer to incorporate all the characters a little more. Did a great job making all the vampires look cool.
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Just as a side note, I'd like to encourage anyone here who likes vampires or just good TV to check out HBO's True Blood. Season 1 just ended and its a really good show.
It takes place in modern time in a redneck town in Louisiana and the overlying plot is basically the coexistence of vampires and humans in the same society. The Japanese have created an artificial blood for vampires so they don't have to prey on humans anymore and they've marketed it into a drink called True Blood. It runs very parallel to integration of black and white people circa the 1950s. Vampires being the black people. And at the heart of the story is a small-town girl (Anna Paquin of X-Men) and a vampire that fall in love.