tgrabbon's response seemed to be the consensus of most audiences and reviewers. Sondheim even commented on it in a TV interview. I was surprised that so many of the show's detractors rushed to get tickets for the very first preview in Chicago and then flooded the message boards with stories of how terrible the show was.
Within a few days, however, these comments were countered by more thoughtful reflections by those who went with open minds. By the time I saw it (a week before the end of the Chicago run) the cast was performing with confidence (apparently not the case as of the opening week due to limited rehearsal time) and the audience I saw it with seemed to be enjoying it, without ever becoming truly roused by it. The first act was too long and unfocussed but the 2nd act was tighter and played better.
I was surprised how little it was changed for Washington, as I assumed much more work would be done on Act One. Maybe Hal Prince lost his enthusiasm for it. Who knows? I can say the cast album has been in constant rotation on my MP3 player, and there are very few tracks I ever skip. That's not something I can say about many (Most) shows that have made it to Broadway since the summer of 2003!
I still have a stack of playbills from the Chicago run, the BOUNCE T-Shirt, and The BOUNCE poster. I did draw the line at getting the BOUNCE beach ball.
Cast albums are NOT "soundtracks."
Live theatre does not use a "soundtrack." If it did, it wouldn't be live theatre!
I host a weekly one-hour radio program featuring cast album selections as well as songs by cabaret, jazz and theatre artists. The program, FRONT ROW CENTRE is heard Sundays 9 to 10 am and also Saturdays from 8 to 9 am (eastern times) on www.proudfm.com