I love the way Mike Figgis captures Las Vegas nightlife. The colors shine bright in the 16mm photography, and the way it's edited makes it feel like a drunken daydream/nightmare. It's a lot less misery-porn than I expected, with a lot of really happy moments (surprisingly) interspersed between all the depressing shit that happens to Nic Cage's character.
The emotions hit hard, especially during the end, but I do have my gripes with the writing. The unseen-psychiatrist plot device got old really fast, using it as a crutch to explain to us how Elisabeth Shue's character is feeling. Also, the Latvian pimp's character arc is really unexplored, and I wish he just wasn't in the film.
Still though, great performance from Cage. He goes over-the-top sometimes, but it's not an easy watch at all.