I DVR'd it yesterday and just watched it and loved it. I think it was different enough from the movie to make it seem like a new experience too. I'll even go so far as to say that I think if they made a movie of the musical version it would do very well. I mean, if you're looking to hate it from the start, you probably will, but I think it was done very well.
AlphaFrog -- I saw the Tri-Sigma shirt girl as well.