Just saw the movie in Singapore and my summary is as follows:

Plus Points of Movie

Vivek comedy and punch dialogue
Sreya
Some comedy situations
Rajini's comedy
Rajini's parody of Sivaji, MGR and Kamal on his wedding night

Negatives

Introduction to Rajni is poor/weak. 
Ballelakka does not show an inch of tamil nadu it is shot in a foreign locale. 
Plot is weak to the point of sagging
Garish sets for songs under the guise of "mega budget"
Rajni style seems jaded
Overall, Shankar has goofed up the positioning of Rajni in the movie

Conclusion

Let down considering expectations
Let down for a shankar movie
Worst song picturisation by Shankar till date (Gentleman to Sivaji)

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