I went to see Beowulf and hated it - not only because of CGI, but it does play a part in the disappointment. At the end of the day I fail to see why anyone would want to nullify the acting done by world class actors by casting them in rigid digital plaster in the post-production phase. The movie now reminds a bad computer adventure game from a couple years ago. I like nice effects. But only when the effects are not cast in the title role. Effects should, IMO, enhance a story. Thus personally I absolutely loved the recent "Stardust" and was very disappointed by the effects-laden "King Kong" few years back.