The original RoboCop is probably my favorite movie ever, and I'd argue that it's one of the better action movies of all time. I passed on seeing the remake in theaters because I felt that remaking/rebooting/rewhatever-ing RoboCop was completely unnecessary and after watching a couple of trailers I thought the movie looked pretty bad. Watching RoboCop 3 last month, however, kind of reset my standards on what a "bad RoboCop" movie is and I gave the reboot a try once it popped onto Netflix.
Eh, I'm glad I didn't pay money to see this in a theater.
This version of RoboCop isn't a bad movie, it's just not especially good. I'll say that I think this movie would be a little better if it wasn't called "RoboCop", because slapping that name onto the movie innately comes with certain expectations that this movie doesn't deliver on. Everything about this movie is very "play it safe" compared to the original (and RoboCop 2 for that matter) both in terms of story and in terms of violence. You never really get the sense that Murphy ever truly lost anything during his transition from man to machine, his family is still with him, he has his identity, his memory, and generally never loses his humanity. It screams "don't worry everyone, he's just fine he just needs to overcome the evil programming".
Speaking of the evil programming, OCP in this movie - ahem I mean OmniCorp - aren't very good villains. The make a bunch of decisions that make very little sense beyond being able to become plot points later on in the movie. Like the decision to keep Murphy away from his family isn't really explained or justified much at all and only serves as a reason for Murphy's wife to go to the press and get pissed at OCnotP later in the movie. Or the decision to upload the entire Detroit Police database into Murphy's brain moments before his first big public press appearance, it makes no in-universe sense and only happens in order to have that one moment where Murphy cold-shoulders his wife and kid (again to simply further a plot point later in the movie). Basically the OCnotP characters in this movie make stupid decisions that continuously create their own problems.
Near the start of the movie, they do seem to hit some of the same good satirical tones as the original. Sam Jackson's Pat Novak character starts off as a good parody of heavily bias American news, but as the movie goes on his blatant bias towards an agenda becomes so painfully obvious that it ruins the suspension of disbelief with the character. Michael Keaton's OCnotP CEO character is kind of the same way, he starts off as a believable Super-Steve Jobs type who eventually devolves into a pretty one-note bad guy.
The movie does attempt to make a few references to the original RoboCop, and honestly most of them fall flat. When RoboCop is training and being compared to a fully robotic drone one character shows how far behind Robo is and says "I wouldn't even buy that for a dollar". Like, fucking really? ED-209s are in this movie too, but they aren't the failure prone cool-in-concept drones like in the original and it ends up just making them glorified action scene fodder. Robo also throws the "dead or alive, you're coming with me" line in at the end of the movie but it doesn't really have any kind of symbolism or anything to it since Murphy never used it when he was a human - it's just there as a "hey guys remember RoboCop?" thing.
Also, the all-black RoboCop suit looks stupid as hell. It looks cheap, fake, and doesn't look convincing. I wish they would have stuck with the silver and black version that RoboCop uses at first, it looks like a good updated version of the original suit and also makes a convincing cyborg look - not a cheap Batman knockoff.
It's a 5 out of 10 movie, basically. It's not RoboCop 3 terrible, by any stretch of the imagination, but it's just kind of a boring movie. Hell, I'd say RoboCop 3 has more memorable parts than it (which isn't exactly a good thing, all things being equal). My RoboCop hierarchy would be RoboCop (original) > RoboCop 2 > RoboCop (2014) > RoboCop Prime Directives > RoboCop 3 > The Series