Playability-wise its a good game. I must admit tho, I do tend to go around in Take A Ride mode more than trying to complete the missions. I've caught some funny moments in Director as well! Randomly seeing cars fly across the screen, police cars spawning right in front of me, but its still fun.

I agree with KamisoriX that the Xbox version is much nicer than on the PS2. Plus, you can share your Director moments over Xbox live!