Saw it at a midnight premier last night (free Cornettos were given out!) and myself and the rest of the audience were laughing throughout, having a thoroughly enjoyable time. I thought it was great, definitely on a par with Hot Fuzz, though - to me - not quite as good as Shaun of the Dead, which is fair enough as it is one of my all-time favourites. It is definitely a worthy close to the "trilogy" though, and it stands up well against the other two.
Amongst the highlights were seeing another former Bond actor, even if it was in a small role, along with various other regulars from the past films and Spaced - Tyres, Julia Deaking (Marsha), Bill Nighy's voice, Mark Heap, et al.
With a plot as ludicrous as this one the film relies on the strength of it's leads to succeed, and they pull it off admirably. I liked that there was a role reversal of Pegg and Frost's usual character dynamic, with Frost especially noteworthy in his performance. The lads have clearly come a long way over the years. Pegg is clearly having a whale of a time, and carries us the audience along with him. Having such a talented group of back-up actors in Marsan, Considine and Freeman helps massively too.
I feel they missed a trick by not using the line "You've got blue on you", though.
