(CNN) -- Andrew Niccol's "In Time" is the winner of this year's "Most Obvious and Pun-Filled Allegory" competition and while it gets points for an excellent premise, some fine acting and for being, occasionally, genuinely exciting, the execution of the idea fails far more often than it succeeds.





"In Time" is set in some future time/alternate reality Los Angeles (the locations are referred to as Dayton and New Greenwich but it's all too obviously L.A.) where humans cease aging at 25 with only an additional one year on their internal clocks, displayed as a sub-dermal, glowing digital countdown on their forearms. Everyone in the film is young and (mostly) beautiful and aside from running out of time, people can only die by acts of violence, random or otherwise -- disease is apparently nonexistent.





But more time can be earned (or stolen) so those who are wealthy live, while those who are poor die.





As a result, the poor take risks because they have nothing to lose, while the rich play it very safe, some refusing to take even minuscule physical risks like swimming in the ocean.





The poor, those short on time, live in Dayton (downtown L.A., near the river) and if they have jobs at all, they live literally day-to-day, hoping that they can get enough work to purchase another day on their clocks. Those without jobs resort to begging or "fighting," a sort of arm-wrestling for time. Many work in a factory that makes time storage devices that can be used to move time around from place to place or person to person, like a wallet with money in it.





As with most films set in a poor neighborhood, the denizens of Dayton have dreams. In general, to have enough time so that they can live a decent life without having to wake up every day thinking it's their last. They are literally slaves to time, forced to either beg, steal or work at sub-standard wages simply in order to live.





While this set-up should give ample opportunity for visual and emotional shock, Dayton is spectacularly clean and well organized for what's essentially a factory slum. The only indication that the locals are in any peril at all is the (very) occasional shot of a dead "timed out" body on the street. You'd think it would happen more often.





Justin Timberlake plays Will Salas, a factory worker whose personal dream is to be able to celebrate his mother's birthday in the rich playground of New Greenwich (which looks very much like Century City and Malibu) and early on, it looks like he might have achieved that dream when he suddenly finds himself with over a century of time.





In a local bar, Salas rescues Henry Hamilton, a suspiciously well-dressed stranger ("White Collar" star Matt Bomer) from a group of time thieves called Minute Men, who "clean the clocks" of their victims. However, it turns out that the rescued man was trying to die. He's 105 and has simply grown tired of living.





Having been thwarted in his initial attempt at suicide, Hamilton gives Will all but a few minutes of his life while the latter man is asleep, leaving him the message "don't waste my time," hoping that Will will do something worthy with his new found riches.





Lo and behold, before Will is able to enjoy his windfall a personal tragedy sets him on his path towards addressing the injustices of the world, by single-handedly (at first) destroying the "monetary" system. If it were only that easy, eh?





After arriving in New Greenwich, he quickly attracts the attention of not only one of the richest men around (Philippe Weis, played by a perfectly smug Vincent Kartheiser) but also that of his daughter, Sylvia (Amanda Seyfried). Coming from the "wrong side of the tracks," Will proves to be an oddity among the swells, as he knows how to live and take risks,
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