Good western and despite what you might have heard, it isn't a remake of the classic John Wayne movie of the same name. Both versions are based on a 1969 Charles Portis novel. Just because a director does one version of the book doesn't mean every filmed version of the book that follows is a remake of the first film. If that was the case, then you could say Pete Jackson's “Lord of the Rings” is a remake of the old Ralph Bakshi cartoon version of “Lord of the Rings”
Both versions of “True Grit” have their own merits and echo the sensibilities of the period they were made in. The Coen Brothers version is a gritty, grim, realistic take on the story which is perfectly suited to a generation of western fans weened on “Deadwood”. It has some beautiful cinematography as well. Only downside I found was there were points where I had absolutely no idea what the hell Jeff Bridges was mumbling. But besides that, good film. Definitely worth the money.