Having the most awesome tools at your disposal will do nothing if your story is lacking, but it does offer the director the ability to realize his vision, as mentioned earlier. I was very disappointed with the Transformers. The look was awesome - dare I say photo-realistic - but the story, I dunno, maybe I'm old seemed very junior-highish (no disrespect to junior high students). There's such a huge desire for studios to quickly release movies, three years or so on a production, and so little attempt to make the story really work. Any movie for me with a Deus Ex Machina ending, CG or not, my suspension of disbelief is out the window and I leave feeling cheated. There have been several great films with CG and a solid story. The earlier Pixar films and the first Matrix immediately come to mind.