If this teaser/trailer/clip-thing for Paul Thomas Anderson's latest There Will Be Blood is anything to go by then it could be either really great (Hard Eight, Boogie Nights) or really boring (Magnolia - I'm going to rewatch it soon, so don't hound me but I fell asleep three times watching that movie). Love that shot of the people running towards the tower which is ablaze. If nothing else, there will be great cinematography and Daniel Day-Lewis (possibly the finest actor of his generation).
Anyway. Watch it.
I rented Punch-Drunk Love recently from the video store but the DVD was cracked when I got it home and they didn't have any other copies, which was kind of a bitch but I dealt with it. I still haven't seen it though.