I saw The Libertine a couple of weeks back, and it did fall short of the mark for me too, but compared to the other gooblygook out there, I didn't mind too much. I didn't watch the deleted scenes - now I wish I had, because I felt like the director should have gone so much further....not necessarily with the sexual stuff, which I thought was rather tame, but, like you mentioned, with the moral and philosophical underpinnings of the time...

So, not bad, but....it's been a good long time since I've watched a film that goes the distance though, and that frustrates me.

However...Johnny Depp. He's a genius.