I downloaded and watched Elephants Dream yesterday. The animation, sound and visual effects are simply awesome. It's amazing to see what can be achieved with Blender, The GIMP and other Free Software tools. The movie is of professional quality and the actors are good too. The downside is of course the story-line. The story though innovative, seemed to have ended quite abruptly.
But let's look at the positive sides. The movie was created with a sole purpose of showing to the world the capabilities of Free Software tools in general and Blender in particular. And they have achieved their goal surely. Also, all the production files of the whole film plus the soundtrack have been released under the Creative Commons Attribution 2.5 license which is simply incredible. Everybody in this world is allowed to use any part of the movie to create a derived work. So it's only a matter of time when somebody will create a newer and probably a better version of the movie and will release it to the world. I am also hoping that more movies like this one are released in the future.