By today's standards, simple. By 2001 standards, amazing. All of the cinematics have the trademark style to them of awesome angles and slow motion. You were early on the lens flare craze, and back then people didn't make fun of it as much.
More importantly, the game is just fun. There's a significant difference between the right lane and left lane, which makes the gameplay fairly realistic. I also like that the one level is the same each time - it gives players a chance to experiment with trial and error, and the really tough move at the end is a perfect little kicker to screw people up.
It would have been nice if this had an arcade mode with randomly placed cars, but that's really the only thing that would have made this better. Great game.