With such a big buzz surrounding this film, I finally went out and grabbed the graphic novel, and as it happens just finished it yesterday, and man, it was DENSE. Not in the sense of "duh," but in the sense of very packed with story/detail on every page. I don't think it's ever taken me so long to get through a graphic novel!
I now understand the high regard it's held in and the reason it's recognized as groundbreaking. as far as I know, up until the time it was published (~1985) all comics were still of the "bang, pow, big superpowered battle" variety. I see now where the foundation for the type of story like Marvel Comics' "Civil War" story was laid. In a way it kind of sucks, as it seems to have been the beginning of injection of the "real world" into comics, which in many ways I really dislike.
More pictures below.
Ozymandia, genius crimefighter from WatchmenThe Comedian and The Silk Spectre from the upcoming Watchmen movie