I just got sucked into watching Munich, and found it mesmerizing — more morally and dramatically sophisticated and paranoid than I thought Spielberg had in him. I admire that he didn't cast stars: it saves the trouble of suspending disbelief (okay, now I'm going to forget that's George Clooney).
Only two criticisms: it went on too long, and there were two lines I uttered before the actors did — "Don't fuck with the Jews" and "Come home." Writing into the groove in the viewer's mind, like a ball socking into a waiting catcher's mitt, is probably what makes Spielberg a popular director; it's also what makes him a little bit of a panderer — but much, much less in Munich than in any other film of his I've seen. It's that overgrown kid's most grown-up movie.
Now that I've seen the film, I don't agree with Leon Wieseltier and others that Spielberg skirts dangerously close to moral equivalence between Palestinian terrorism and Israeli defense or retaliation. On the contrary, the Israelis face the undeniable conundrum that having and defending a beloved nation from such barbarous attacks drags them into the danger of becoming more like, not just like, their enemies. Even though one Palestinian is given a sympathetic but chilling speech about his people's determination to get their land back if it takes 100 years (and the Israeli hero's incredulous response is one of his least sympathetic), the savagery of the hostage slaughter in Munich far exceeds anything the assassins do, and they are seen struggling to avoid killing children, women, and innocent bystanders, though they do not succeed in the last two. (We don't see Palestinians blowing up Israeli markets, cafés and weddings, but we do watch the movie in that knowledge.)