It's pretty awful. Especially all the product placement. In one particular scene Reeves and Connelly are sitting in the car outside a Macdonalds. The logo is in shot for a good minute or so. Argh.
Also Keanu Reeves is a parody of himself. He's like a less animated Neo in this. To be fair i wasn't expecting any different, i just wanted a big dumb disaster flick, and it doesn't even deliver that too well.