I was expecting a funny but sad story, one that would make me laugh and cry. I did laugh, but I didn't cry. It was pretty funny, and a pleasant movie for a night's entertainment. Fred is played by a charismatic actor who puts real warmth and dignity into his acting. The character of Elsa was too exaggerated to be believable, but I could suspend my disbelief enough to accept her as she was. The plot doesn't bear close scrutiny, but it isn't meant to.
The production was professionally done, with beautiful scenes in Madrid and Rome for a backdrop. It was nice to see two leading actors who weren't 25 year old flawless beauties, with loads of money and time on their hands. The subtitles were well done, not intrusive after the first five minutes. I highly recommend this movie.