Vampires and werewolves fight each other a centuries-old battle to the death, with guns and lots of slo-mo, post-Matrix pseudo-goth pseudo-cool. There’s nothing wrong with doing a new take on old legends, but unfortunately nothing here is new. There are too many sub-rivalries and sub-enmities going on, with no strong central antagonistic relationship. The screenplay makes a molehill out of the primary plot twist, and it doesn’t even have any decent existential angst going for it. It does have Kate Beckinsale in a black PVC catsuit (mmm…worth a bonus star), but even that’s not enough to save Underworld from the scrapheap.