The basic whole is somewhat incoherent, but the film looks beautiful and is quite moving... I don't know why it's got such a hard time from other reviewers. It's got an angel with a shoe fetish, Kelly Chen with a broken heart and a gay man with an afro. What more do you want from your movies, guys?
I watched it on VCD, which I'd been fooled into thinking was a DVD by the fancy packaging when I saw it in Chinatown. It's a pretty good quality VCD though, and the packaging really is superb.