It's a strong concept, looks real nice, has some great scenes; in fact there's not actually anything wrong with it but I found it bit of a joyless experience.
Glum teenagers moping about being sullen and complex like Dawson's Creek does Raymond Chandler. Which is almost entirely the point I appreciate but it just made me want to watch Elliot Gould in 'The Long Goodbye'. But then most films make me wish I was watching Elliot Gould in 'The Long Goodbye'.
So in summary: not 'The Long Goodbye' with Elliot Gould.