Having read some reviews that called this film "out of control" and "messily plotted", I was expecting some John Woo style craziness with giant plot holes and inconsistencies, which was nonetheless fun-to-watch.
Well it was fun-to-watch, but for different reasons. Time and Tide actually has a very well crafted story full of great characters and sharp dialogue. It is not at all mindless action. The mood of much of the film is quite droll, very noirish. And the action scenes thrill with creativity and intelligence rather than mayhem and body count.
It is filmed in a wild avant-garde style. Indeed the story is TOLD in a very novel visual style that requires great attention to detail to pick up. Its as if Tsui Hark considered how every scene would be typically and familiarily shot, then conveys what happens in a totally unexpected way. Hong Kong filmakers are great experimenters with perspective. Often, for example, you will only get a hint of what happened and the film moves off in an unexpected direction, only to return and more fully tell you what happened earlier. No block building here, one must jump in and and go with the flow.
The film makes no pretentions to day to day realities, and there are some ludicrous scenes paying homage to imagination run riot, but I think these add to the fun, especially since they are delivered with typical Tsui Hark absurd charm.
I originally gave this film a 9/10, and the more I consider it, the more I like it. In fact I'm going for a second viewing tonight. It's shaping up to be one of my favorite Hong Kong actioners.