No, I'd never seen it before. Am I the only one on my LJ f-list circa 2005 who hadn't? >_< The only reason for watching it now was that I stumbled upon a cheap copy of the movie on Blu-Ray.
Random impressions (because I can't be bothered with anything more coherent):
-The entire movie was an argument, and it even had a thesis statement at the end. Needless to say, I like that sort of thoughtful construction. Props to them!
-All of the NYC scenes were shot in London. If I hadn't known that from architecture alone, well, the cars being on the wrong side of the road was a big clue.
-I know NOTHING about glam rock, but talk about a love/hate letter to David Bowie! At least, in the end, there was some amount of redemptive romance and optimism.
-Ewan McGregor gave a great performance, and he sang his character's songs live. Unfortunately, though, his American accent wasn't exactly award-winning. At one point I actually had to turn the subtitles on because his pronunciation was so mangled.
-Toni Collette's accent...or, rather, wanderings between American and British English, was practically masterclass. And Christian Bale's Manchester accent was as good as it gets from anyone who isn't from there. (And yes, years of living in England have attuned me to such things.)
-Gleaned from the director's commentary track: Miramax's audience research found that the movie rated most highly among females under 25. Lulz.
-Also gleaned from the director's commentary track: Yes, Todd Haynes was totally reading all the fanfiction.
-Finally, in the end, the symbolic torch of transformative possibility (the green pin) was passed to the next generation...who happened to be a journalist. Twenty years later, six-odd months into a profoundly regressive political climate, this just makes me feel depressed.