I thought Watchmen was okay.
And that sound you hear is the exploding heads of fanboys.
I read Watchmen relatively late in my comics life, late 90's, if I recall correctly. When I first got into comic books during the black and white boom, I got into them because of titles that weren't superhero. Wasn't a fan of Batman or Spider-Man, but was reading Teenage Mutant Ninja Turtles, Usagi Yojimbo, Sam And Max -- Freelance Police, The MAZE Agency, The Tick, Last Of The Viking Heroes, Brat Pack (still a classic), and so on. As a result, I had long been exposed to the deconstruction of the superhero, the motivations and conflicts inherent to the archetype. As a result, when I read Watchmen, I kind of shrugged. It literally wasn't anything I hadn't seen before. I could understand how it would be so groundbreaking to people well steeped and versed in superhero lore, and I could appreciate the obvious work and quality that went into it, but it just didn't do anything for me.
Paul Levitz was the DC Comics until last year. The guy, like all of us, was full of contradictions about what he stood on on principal and what he would compromise on. But one thing he never compromised on was that Watchmen was self-contained. No prequels, no sequels, even when Alan Moore was ripping him up one side and down the other. The Watchmen video game was proposed to have some stuff to expand on the Watchmen Universe. Levitz told them no.
But Levitz has stepped down. And DC is looking to releverage its IP. In addition to new talk of new crossovers with other companies, something Levitz had put the kibosh on, the current staff sees that Watchmen is DC's biggest selling title ever. And Dan DiDio, DC's Editor In Chief, is actively seeking people to write more Watchmen stories, possibly even creating a Watchmen Universe.
Now, Alan Moore and Dave Gibbons, the creators of Watchmen, have right of first refusal. Gibbons is basking in the attention the movie has brought to his work, but it's a safe bet the Moore will want nothing to do with it. No one is saying who, but there have already been some high-profile names approached about continuing the series with prequels, sequels, and side stories.
So, who's selling, and who's buying? And will they be known as "that great talent that is going to take a crack at Watchmen?" Or will they be known as "that idiot that tried to do a Watchmen project?"