Though a bit shaky on historical specifics, this is a visually rich film that is simply fun to watch. This Walter Matthau is NOT the same Grumpy Old Man. This one is a charismatic sociopath who cheerfully and loudly sacrifices everything and nearly everyone in the quest for gold. Still, it is the atmosphere of the film that captures you. You experience the clinging Carribbean air, the rank dungeon and bilge deck prisons, the salt breezes and jungle rot. Though these are evil characters, the audience roots for the pirates as they are turned away from their goal by Spaniards, nature and their own greed. This movie is an evolutionary leap from the Errol Flynn and Burt Lancaster pirates and well worth a bowl of popcorn.
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