I would never have guessed that this is based on Eleanor Catton's amazing novel. Book and film have entirely different styles, tones, and emphasis. James Rolleston makes a pleasantly watchable, yet frustratingly inarticulate lead. The plot is downright creepy, and the ending using the "First Follower" concept is a cop-out. They could have easily put together a performance about not doing their planned performance.
As an adaptation it is troubling, relegating as it does the sexual elements of the story to sub-plot status and raising the sole male character to protagonist status. As an exploration of artistic youths it is troubling authentic. A compelling and messy mash of ideas that co-mingle and expand but never climax. The lack of clarity may bother some, but film as first draft seems somehow fitting given the title.