I think that once a little time has separated THE LEISURE CLASS from the trumped up drama and cheap "reality" of Project Green Light, the film will be treated a little more fairly.
Not that it's a good film. It mostly isn't.
The whole first half is filled with unearned character motivations, plagued by pacing problems and tedious to the point of boredom, particularly anytime Tom Bell is talking. Bell's character is almost insufferable. An alcoholic so destructive to any social situation he's in that he must be mentally I'll. This could be seen as a pretty ambitious character for a social satire, except that it's all meaningless, which is most evident when he turns out to be a good guy in tune with his flaws for the tidy ending. So the bell character ends up neither being enjoyable nor consistent.
Where the film does deserve some credit is in its thematic ambition, its mean spirit and... the hunting room. Now this is the scene everyone complains about the most, but it's the only part of the movie that actually worked on a substantive level for me. Once the tone of the film grows darker and the cast descends into the basement the film tilts towards the brilliant. This is in large part due to the amazing performance by Bruce Davison. To be fair, Davison is the only actor with a real character to work with in this film. A character that's been hiding his true ugly-resentful-misogynist nature all along. He is the leisure class. Corrupt, selfish and old- world to a fault. And as he reveals himself, Davison gives it his all, almost saving the movie for me.
But don't worry, after that it's pretty much back to its sloppy ways as it rushes towards an unearned resolution.
A side note, Bridget Regan turns in a strong performance that lives almost entirely in her subtle reactions, mostly because she doesn't have a lot to work with.