Is the topic headline here "Madonna Bashing" or "W.E - A film"?
I always find bashing without wit rather annoying.
IMO the movie was good entertainment, visually quite appealing, with structural problems which often arise in films which tell parallel stories and one of them in flashback - "Julie and Julia" comes to mind, for example.
While Wallis Simpson's portrayal in "The King's Speech" was nothing but a caricature, this film is certainly biased and paints a too romantic picture of her, which takes away from a story which would have been far more interesting with a more ambiguous Wallis.
The parallel modern story and its heroine fall a bit flat which is almost inevitable (again, the same in "Julie and Julia"), but IMO the movie, while no masterpiece, isn't bad at all.
It would have been most fascinating to see how posts and opinions would have turned out here if the credits read 'A film by Jane Doe', instead of Madonna - very different, I should think.