I am not trying to say that the movie is not good, its a decent flick. Its just that the marketing, hype, the clout of the Johars, their ability to manipulate the media, is way higher than their ability to produce a good movie. So the movie has all the perfect ingredients - super fab mega cast money can buy , best banner with a fantastic track record, powerful banner who can manage the mainstream and the film trade media very well (nobody from the film trade can dare to take on the Chopra or Johar banner), Karan himself, multi media marketing tie-ups and promotion campaign, perfect timing esp. with the long independence day weekend, off beat story compared to what Karan has done in the past. But only if the perfect ingredients could make a great movie. Something like a Omkara beats KANK hollow.
My recommendation - If you have a choice between Omkara and KANK, my vote would be for Omkara. What if you have the time and the inclination to watch two movies back to back at a multiplex. First watch Omkara and then watch Omkara again !!
My prediction - the movie will have a great opening and will do well till wednesday and after that it will take a big drop. There is very little competition, nobody dared to come headon with KANK, over the weekend (which gives a clear 5 days of holidays....). Omkara will hang on to its screens longer than KANK!!