Just got back from Godzilla and all I have to say is, YES.
I had SO much fun. There were issues, I'll readily admit. But only in the most superficial way. They did a poor job of making us care for the people beyond Ken Watanabe and Bryan Cranston - but I get a feeling that's because of skilled acting versus amateur acting. ;) The humans did really stupid crap that makes no sense - but of course that would probably happen anyway, right?
It's all about the monsters really. *And what fun they were!!* They treated every single scene with Godzilla with loving respect. S/he was treated with beauty and grace, believe it or not. It was fantastic and I loved it!