Myers great, movie is only fair
You totally forget that the actor playing Steve Rubell is Mike Myers- which is actually quite a statement.
Other than that, this movie had it's share of disappointments. A much better movie on this era would be the "Last Days of Disco", a much more engaging and rich portrayal of pop culture and the mentality that permeated that period. "54" tries a little bit too hard to be larger than life.