This is the remake of the 1969 cowboy film, which I have never seen, the remake stars Jeff Bridges in a role I have heard he was very keen to play and put a lot into it. He was very good and the overall film was very enjoyable, I have heard from other people that have seen both of the versions that it is quite close to the original.
Now from the fact that it is quite close to the original there is to me very little point to this film having been made other than Jeff Bridges wanting to play a specific character and for the companies to cash in on the older film. It does nothing for the modern age as it is set in the Wild West and is not even a director telling a story in their words.
It is part of the problem that today all the films that come out are sequels, remakes and reboots, some original ideas would be nice. If the story is new enough and good enough it will work. Remakes can be good films and they can introduce an new audience to an old classic but for me the Western is a genre that does not need to come back in the modern age, I will give the film 2 stars and this is mainly for the good performances of Barry Pepper, Jeff Bridges, Matt Damon, Josh Brolin and Hailee Steinfeld. See it if you like Jeff Bridges or Westerns but it does nothing new, see the original instead.