Just got out of seeing it, and I have to say I'm kinda disappointed.
It's a really really good, fun movie, but it's a major step down from Inglourious Basterds, and I think it's one of the weaker Tarantino films. I like it more than Death Proof, but less than everything else.
I think it's unfortunate how safe and simple he played a lot of it given his past films, this really is just a simple straight-ahead revenge movie. Inglourious Basterds was also a revenge fantasy on the surface, but what made it brilliant was the way it subverted the whole idea and humanized the nazis, and made the basterds seem like psychopaths you shouldn't be rooting for throughout a lot of it.
Here, he plays it safe and has every southern white character be a horrible irreedemable asshole who Django will later murder. Granted, probably largely accurate historically, but it's still disappointing to see Tarantino making a movie entirely about getting the audience to cheer for the wholesale murder of white people immediately after he's made a movie critiquing that exact thing.
In that way, tonally this is closest to Kill Bill Volume 1, but there's 2 major differences.
1. Kill Bill Volume 2 exists and brings in the depth and pathos to that story, making Volume 1 retroactively stronger
2. Volume 1 is much more tightly constructed and well paced than Django, and delivers one of the all time greatest action sequences. While Django has some really strong shootouts (1 in particular is quite awesome), I don't think it reaches that same level of iconic.
Also, maybe it was just me, and I know there's a potential selection bias at play knowing that this was the first Tarantino movie not cut by Sally Menke, but some of the editing felt off to me. Unlike most of his movies this plays ahead basically straight ahead linearly, but he cross-cuts the end of scenes with brief flashbacks of the earlier parts of the same scenes several times, and some of those edits felt off. In general I'd say the movie feels a bit long to me, but I'd have to see it a few more times to say that with certainty.
I know I seem really down on it, which is unfair, because the movie is still quite awesome and you should totally see it, still one of the best of the year, I just wish it took more chances morally and took itself more seriously at times. Some of the stuff in this feels like it belongs in a Rodriguez movie more than a Tarantino movie.