I managed to see the movie in 48 frames, and I must admit that I didn't really like it.
On paper, a higher frame rate sounds great: more=better, and all it does is provide a higher image clarity, right?
Well, not exactly. First of all, yes, the image is stunningly clear, which is great. On the other hand, as Bob explained in the video, this is why some of the props and prosthetics in this particular movie look a bit fake. Obviously, this isn't a big problem, and even movies without so many special effects will have no problem with this.
However, my biggest complaint with the 48FPS video is that it gives movement a very "unnatural" feel. When characters move, they look ever so slightly too fast, as if the video is being unintentionally played at a higher speed, but not constantly. As a result, human movement looks a little bit too quick and jerky at times. It's hard to explain, but it kind of looks like a video-game cinematic that keeps slowing down and speeding up (like when you have a weak GPU). The result is an immersion-breaking "feel" to the movie. You do kind of get used to it if there is constant movement, but if the pace of the movie slows down and then speeds up again, you start noticing it again.
The most ironic thing is that human movement in the new 48 frame technology actually reminds me of the footage from old hand-crank cameras from the beginning of the 20th century, for example:
http://www.youtube.com/watch?v=BJNbO1Mbl2w