After a slightly implausible start of the Master being put on trial on Skaro (Dalek justice?), and some dodgy Dalek voices, Doctor Who lept into a whole new league with grand opening credits and a marvelous orchestral adaptation of the theme tune.
Then you get to see a fantastic new Tardis control room, a subdued 7th Doctor, no longer looking like an extra in the Pantomime, yet still retaining the major characteristics of that incarnation. At this point you had a tingling feeling that Doctor Who had become something bigger and better, and was back to stay. Unfortunately it was not to be.
It carried on at a respectable level for a little while longer with a very physical Tardis materialization, and the shooting of the 7th Doctor. Then 22 minutes in, Sylvester McCoy almost manages to gurn enough to make the transformation to Paul McGann without the need for any special effects. The regeneration sequence was very well done, possibly the most believable of all the regeneration sequences, subtle and smooth. Sadly this was probably the high point of the entire film.
Paul McGann's representation of The Doctor was very good, believable and charismatic. He captured the essence of The Doctor and was starting to show his own take on the travelling Time Lord.
Alas the same could not be said for Eric Roberts, his over the top Master took what was an attempt to polish the Doctor Who franchise firmly back into the realms of pantomime.
And what of the plot? The whole thing fell apart in the last act making no sense, breaking with all known continuity. The Eye of Harmony in the TARDIS? Needing a human eye to open it? The Doctor being half human? In fact the ridiculousness of this last bombshell is acknowledged and parodied in the final episode of the 9th Doctor's term with the Emperor Dalek echoing "Those words are blasphemy, do not blaspheme" when the Daleks are accused of similar parentage.
It is such a shame that after such an impressive start and such high production values that the ending made no sense to the general public and alienated the long term fans. It was clear by the end of the film that it would not spawn a new series, in fact it is surprising that it did not bury The Doctor for good.
On the plus side it did give us a new Doctor. Paul McGann went on to develop his role further in the Big Finish audio dramas and made for a very credible number 8. It is just a shame we only got to hear it, as his audio Doctor is just wonderful.