Saw the Director's Cut, no where near as bad as its made out to be...
The Kingpin and Bullseye were a wee bit over the top, and the plot is a little wobbly towards the end...but on the whole, it was a pretty enjoyable film!
The origin story was done pretty well. Overall, the faithfulness to the source material is pretty high. The Matt-Elektra romance was a bit rushed, but faithful to the spirit of their relationship in Frank Miller's original stories.
Most importantly, the film truly captured the grittiness and nocturnal violence of Frank Miller's Daredevil.
Now honestly, I suppose a lot of the flak the movie gets is because its compared to the far superior superhero films that followed...The Dark Knight Trilogy, Iron Man, The Avengers, Man of Steel and so on. But I think one needs to remember that this was the infancy of the current superhero blockbuster era. This was a time before Nolan, a time before the Marvel Cinematic Universe, a time before shows like Arrow, Flash or Gotham, among others.
And taking that into account, I think it was a pretty good film.
Then again, I've only seen the Director's Cut...maybe the theatrical version really is that bad. I doubt it though.