Seems to be like a glitzier "Leaving Las Vegas" on acid. Not too convinced about the choice of Abhay Deol as the lead here, but he could prove me wrong. The dark look of brooding negativity, and drug-inspired panning shots are elements which haven't been seen too often in Bollywood. Either they have been too pretentious (Aks) or rather meaningless (No Smoking - which is also Anurag Kashyap's doing).
In either case, its nice to see a new spin on an old tale. Props for the effort itself.