Add me to the list of those who like it. I actually got to see it in 35mm when I was in LA last summer. Apart from the clash of the white subtitles with thin borders that made them difficult to make out (particularly on the island), it was a great experience. Incredibly rapturous in 35mm, the photography is really excellent, and the film itself was fascinating and compelling.
Besides his documentary about China, its the only Antonioni film i have seen. I missed a 35 mm screening of The Red Desert earlier this spring, but i have got it on dvd and plan seeing it sooner rather than later.
I love the framing in his movies