I just saw this movie and it is truly amazing. It retains the fantasy elements quite well although it was advertised as an action movie. I loved the seven dwarfs as well as the fairies, trolls and other elements in this movie. I felt sorry for Ravena as she had reasons for why she acted so evil.
I don't quite know how they are going to do a sequel to this movie. Maybe Snow White has a daughter named Red Rose (Sleeping Beauty)?