This movie had no right to be this good, IMO.
Sure, there were "cheesy" call backs to the original, but they were sparing enough, and hit just right for me personally, that I loved them.
What really blew me away was the storytelling/screenplay. I don't think there has been a movie, since maybe The Dark Knight, that felt so unpredictable and wide open in the 3rd act. The stakes were so well defined leading up to the mission, that once it starts, its like a roller coaster ride till the end, and I was along for the ride. But its genius is that it presents you with several instances where bad things can happen, and the movie up until those points is structured in a way that you can imagine that the movie will let said bad thing happen.
The construction and execution of the 3rd act (but the whole film) is a masterclass, IMO.
Cinematography was beautiful. Also the way they seamlessly integrated CGI and real shots of planes was brilliant. They established a visual language with the real life shots and then used that in their shots that were fake so that it goes together so perfectly that it all seems real (for the most part).
Score was great. That Lady Gaga song is used perfectly in the movie, and definitely makes me like it 100x more.
Cruise's performance is top notch, and the rest of the cast does a brilliant job too, IMO. Kilmer makes the most of his limited screen time and that scene anchors the whole movie, emotionally.
Joseph Kosinski's direction here is incredible. I know it's early, but I hope he ends up in the Oscar best director conversation, because I think what he was able to achieve here is the definition of movie magic. It's on par with The Dark Knight, Fury Road, and Gravity as action oriented movies that are also (at least approaching) cinematic masterpiece territory, IMO. Hyperbole? Well I did just see it last night, so we will see if it holds up on rewatch.
Also, my theater was packed and LOVED it. Lots of clapping in the third act, specifically when Hangman shows up and when they finally land on the carrier. I hope this makes a zillion dollars, and I eat my words about it not appealing enough to all the demos to get there.