At last, I can talk about this friggin' movie!
I understand that I'm in a rather baised position with this movie, but I honestly think it's one of the best Ultraman features around, and I'm not really surprised that it out-performed every Ultraman movie that has come before it.
I've always enjoyed Kazuya Konaka's work on the Ultraman movies, but I think Yagi's direction is the kind of fresh air the film series needed. It's not necessarily "better", but it's certainly different. There are lots of great shots that really show off the craftsmanship of the miniatures, which also add a greater depth to the imager (e.g. shots looking at the monsters through a miniature pedestrian overpass).
I was saying to Daikamonohashi earlier that some parts of the movie didn't have the same impact as they did on the big screen, but that's the same as any movie on home video. Mebius' first appearance - jump down and landing that huge karate chop on Gesura's head - sent a massive BOOM through the whole theatre, and was easily one of the coolest Ultraman entrances I've seen. On the small screen the whole thing was rather unspectacular.
At the same time, some things worked better on the small screen. Giga Kimaira for one; it seemed less obviously CGI than it did before.
Maybe when I finally try out the Blu-ray, the experience will be closer to that of the theatre.