That is going to 'WTF' a lot of people. It's looking good but I still cannot fathom how they are going to 'movieize' Watchmen. What... where do you even begin? How long is it going to be? What morals are people going to walk away from the movie with? I'm truly perplexed (though this is not uncommon for me).
That said if they have the Comedian, if they have Doctor Manhattan built his glass castle on Mars, if they have Veidt's monster 'turn up' in Manhattan... it's going to have it's moments
Smashing Pumpkins track is a nice touch - modern music with a tone to it that for me, fits the mood to Watchmen quite well.