I watched this a couple of evenings ago -- "Red Cliff" by John Woo and wow it's good. Think "Lord Of The Rings" set in mediaeval China (but with a little bit less magic).
The problem that i had with it, though -- it was originally released, in China, in two parts. Four hours long. The DVD i bought was the condensed North American version ( two hours, forty minutes). I found it a bit confusing at times, in the battle scenes i couldn't always tell who was who, plus there was a difficulty with all of those completely alien Chinese names. But i have the same problem with the novels of Dostoyevsky and Tolstoy.
An extraordinary film nonetheless and highly recommended