Jackson got a lot of flack in LOTR for spending a lot of time on characters (Frodo in particular) looking emotional in close-up. I don't think that's a problem in LOTR, but I think that's definitely a problem with KONG.
When the ape gets tranked, we spend forever watching in slow motion as he loses consciousness, and the guy who shot him lowers the gun, and Ann looks at him like NOOOOO, and the guy finishes lowering the gun, and Kong is like WHHYYYYY and Ann is like NOOOOO and Kong is like WHHYYYYY and some other character is like WHOOOAAAA and Kong is like WHYYYYY and Ann is like NOOOOO and in a wide shot they're both like WHYYYYNOOOOO...
I mean, there was a lot of that already (see: Boromir's death), but it's like Jackson thought THAT was the reason LOTR made money, so he did it MORE.
You could tighten up the flick so much just by taking the maudlin down to 10. Not to mention cutting out the Jamie Bell character and his mentor, who had half an arc and no payoff.
And just get them to the damn island sooner.
I liked the film but there was a lot of fat to trim. I still haven't gotten around to watching the extended edition and it's not high on my list.