54

What a blown opportunity!  This film takes the 70s sex, drugs and celebrity playground and makes it seem as interesting as a Bennigans in Topeka. 

Mike Myers is fantastic as owner Steve Rubell, but unfortunately he is on screen for maybe a quarter of the film's running time. 

Instead, we are treated to a boring plotline about the budding love between a dumb Jersey kid who becomes a bartender (Ryan Phillippe not only can't act, but frankly isn't good looking enough for the role) and a soap opera queen (a slumming Neve Campbell on autopilot.)  Also wasted is Salma Hayek as a wannabe diva. 

Even the musical choices are off the mark here.  54 takes what was arguably the most decadent place in the 20th century... and makes it just seem dull.