Having watched quite a few Trek fan productions, I didn't hold out much hope for this film. It was a pleasant surprise to be able to sit down and watch it from start to finish without any real pain. The special effects are very good. No out-of-perspective CGI, some top-notch cosmology, and an overall nice look that fits beautifully in the Trek Enterprise universe. The "smokey" ship background that some have complained about didn't bother me at all. It was really just a bit of soft-focus designed to disguise some prop flaws and low-budget backdrops... a pretty standard strategy for made-on-a- shoestring flicks.
The acting was a bit wooden at times, as might be expected from amateurs. It wasn't great, but never dipped to MST3K standard. Paul Lang's Capt. Hawke reminded me a bit of Avery Brooks' Captain Sisko. He just didn't fit the classic rugged Starfleet captain mold. That said, he was by no means a disaster.
Most Trekkers will be familiar with the plot. We've seen it all before in bits and pieces. Overall it was nicely assembled and had plenty of action to keep things moving along. As they say, saved the Universe... again.
This is not a great film, but it does show up some of the big-budget flops that seem to occasionally pollute the Star Trek pantheon. It may not be official Trek, but it is pretty darn good.