What makes this a good movie is that, in classic Tarantino style, the story is told in a nonlinear way, through tons of dialogue that references pop culture, laced with profanity and violence. Unfortunately, that's about all there is to this movie: the story itself is simplistic and somewhat uninteresting, except for the ending, and the characters are rather dull (with the exception of Mr. Pink). Still, Tarantino works well with it, and although it's lacking any of the cool stylistic choices from his later movies, it's still a movie worth watching.
In a sentence:
Clearly a Tarantino movie, but a simplistic, somewhat dull one.
