I didn't watch this when it first came out, but finally rented it the other day. It was really good. I'm not a fan of Matthew McConaughy, but he's pretty good in this movie.
Interesting part was how good and decent Bobby Bowden comes out in this movie since he was coaching West Virginia at the time. It's only a small scene but not surprised Bowden was classy even back then.
For a college football fan, it was on my "must see" list. And I wasn't disappointed. I had forgotten that freshman weren't allowed to play then. Of course the fact that I was barely born when this happened could contribute.