I liked it. Not as good as Raimi's "2," but better than his "3." I put it slightly higher than his "1."
A few folks have used the word "rushed," and I have to agree. The Peter-Gwen courtship, Peter's transformation after the bite, Uncle Ben's death, Connor's mentoring of Peter. All of these pieces were in the right places on the chessboard, and we all knew where they had to move. It all just went too fast for me.
I realize that in movies, when retelling an origin story - especially when the previous origin story is still fresh in a lot of people's minds - you have to use some shorthand. I just think they could have streamlined in other places.
Other nitpick - Gwen was just too perfect. Beautiful, smart, brave, perceptive, protective, mature in both thought and deed. And an intern in a multi-million-dollar genetics lab with 24-hour access all at age 16? C'mon.....
I've only read the Spider-Man comics here and there, so while I'm generally conversant in the major story arcs and events, I'm not terribly steeped in the mythology's history. Was Gwen supposed to be this impossibly fabeaux in the comics?
Peter's last line of the movie - "But those are the best ones." So, screw you, Captain Stacey. You gave your life to hold off The Lizard for me, and I'm going to píss on your dying wish with a cute quip? Yes, I know that Peter originally dumped Gwen to abide by Stacey's wish, and I can totally see how a 16-year old could rationalize himself out of sticking to that promise ("I can protect her. I'm smart enough to keep her secret from my enemies. She's already lost her dad; I can't break her heart even more by letting her think I don't love her.") I just think we should have seen/heard some of that inner dialogue before that cutesy quip.
Again, in all, I liked it. A few things just rang false for me.