I've kind of enjoyed spinning it a couple times, but ultimately, Chinese Democracy is okay but not great. I like some of the songs on there, and the whole thing kind of reminds me of a movie like 'I Am Legend' in that it's big-budget, all the behind-the-scenes pieces are solid, it's presented well, and it hits the notes, all the while not really having much 'there' there. In contrast, I couldn't get through more than a couple songs off of Black Ice. Awful, boring album that sounds exactly like what it is: a bunch of old guys playing weak rock.
Also, I agree wtih Sweetcell's opinions above except for one thing: Axl, on his own, really is into pompous, epic-sounding rock. SC is right that it's not what people want -- people don't pine for the band that made the Illusions albums, they pine for the Appetite era -- but I think Axl does believe he's some sort of musical prophet and thought that this would be the record to revive the era of the 10-million-selling title.
Of the three major rock comebacks in the last month, Metallica wins by a fucking mile, Guns still takes second because some of the songs on CD are good and at least he's trying to reach ambitiously, and then AC-DC who made an album that sounds like they spent all of half an hour writing it.