If it's well done. But movies lately seem to have extremely lazy.. I don't know if I would only call it writing. Scripts seem to pick up and drop plot lines willy-nilly. You can often find and point to the seams where you can see some producer wanted a particular thing shoe horned into the movie. That's nothing new but better writers and directors could work around it without wrecking the entire film.
We have fewer talented people now and more people who just happen to be somebody's son or nephew or niece or whatever. That was always a bit of a problem in Hollywood but now it seems the permeate everything. The days of a carpenter getting a big break and taking off seem to be over. Although every now and then they do just pick somebody up because they happen to be physically gorgeous but that means they end up being terrible actors....
I doubt talent is the issue, if anything, the level of talent at every level of film making is higher than it's ever been. I think part of the problem is we glorify films from the past. Sure, there's some masterpieces, Godfather, the Good the Bad and the Ugly, Star Wars, etc, and those are still fantastic films to watch. But a cut below that? Even a lot of the "good" films from the era weren't that good, and a lot of the average films just plain suck. I'm betting that if some of these modern bad films were made 50 years ago (same talent, but working with tech of the time) they probably would have been considered decent, if not good, movies.
Now, I think Netflix in particular is doing worse than average, and I think there's a reason.
I heard a piece of advice from a writer once, when you're stuck or the story isn't working then cut out your favourite part (the idea being that you should have cut it earlier but didn't because it was your favourite).
Netflix's model seems to be to give starts carte blanche to do whatever they want, and you can get some really good stuff that way, but you can also get folks doing things like leaving in that favourite scene that they really should have cut and ruining the whole film to justify it.