The graphics were decent and they did a good job hitting all the important points of the book and leaving out irrelevant dramas within the plot. I do have to admit that the wig they have the guy playing Aro wearing looks a little like Antonio Banderas' wig in Interview with a Vampire. If you've seen the movie...you know what I'm talking about. :) Also, the dialog was a little cheesy and I distinctly remember looking away from the screen because I was embarrassed by what they were saying and doing. But never fret, I need to learn my lesson eventually because the next few movies will be INFINITELY more cheesy and "embarrassing" to me.
OH! And the physical difference between Jacob and Edward is PAINFULLY obvious. It's really sad once you see Edward with his shirt off after looking at Jacob with his shirt off the entire movie. Anyways. I can't really suggest whether to rent it, skip it, or watch it because it focuses on such a specific audience.
And finally, I wouldn't be doing this post justice if I didn't exclaim how Twilight fans crack me up. I think that was one of the highlights about the movie was all their squeals and and coos of joy. Love it.