I saw the movie on Friday in Livermore, CA. A few minor corrections to the setlist posted by mafujon:

AC/DC Bag, Undermind, Stealing Time from the Faulty Plan, Tweezer -> Maze, Mike’s Song, (interlude: Fans on Sunday morning with "Mountains in the Mist" as background music), Back On The Train@, Strange Design@, The Curtain With@, Sleep Again@, Train Song@, Wilson@, (interlude: "Suzy Greenburg" rehearsal), Loving Cup, Happy, Shine A Light, Soul Survivor, Suzy Greenberg, Tweezer Reprise.

Obviously no movie (even a 3D movie) can replicate the experience of a three-day Phish Festival. Having said that, I thought Phish 3D was a very good film and I really enjoyed the added depth. But the theater I went to wasn't even close to sold out. I saw Live in Brooklyn and both days of Coventry at nearby theatre in Dublin, CA and those showings were all sold out and people were dancing in the theatre and partying between sets like it was a real show. But those were live simulcasts whereas this was "just a movie."

There enough songs from Festival 8 that didn't make the cut that one could make a second movie. Party Time, Stash, Harry Hood, Rocks Off, Sweet Virginia, Torn and Frayed, Ventilator Blues -> I Just Wanna See His Face, 2001, Light, and Slave. Hopefully if they release this on DVD we'll get a bonus disc. Or they could even do a Clifford Ball-like box set of the entire festival.