Having been a long time fan of the re-make of this film (the cheesy good one, not the 3 hour long one) I relished the opportunity I finally had to actually watch the original. I have to say that it did not disappoint either. It was a good two hours of swash-buckling, high seas, mutinous adventure even if it did go on a hair too long for my taste.
One of the things that I was really impressed by was the placement of humor throughout the film. It was genuinely funny! I especially loved the character of Smith who was a much appreciated and well placed comic relief. Even during some of the more heavy moments of the film (like when they were whipping the dead man) they managed to keep it rather light with a little bit of humor and not drag the audience down too far.
Also, Bligh was a totally scary motherfucker! He did a great job and I think that I may have nightmares about him. Even more than that though, at the end, he managed to subtly break down a bit and make his character seem more vulnerable when the head of the military court disapproved of his methods. Clark Gable on the other hand was, you know, himself. He didn't give a mind blowing performance or anything but he was good enough.
Overall, I think that this was an interesting story, a good cast of actors, and an overall well crafted film. Again, it went on a little too long for my taste but I could see the reasons for it. I would recommend Mutiny on the Bounty to anyone who would like a high seas adventure and doesn't mind getting a little seasick.