You never really know until you put the movie in front of an audience. I am a big advocate of screenings, which are getting harder and harder to do nowadays.
We've seen so many films now, that you have to be on par with the best films that have preceded you. You just can't make any movie and it will be good.
I prefer the smaller budget versus the bigger budget because the mentality that goes along with big budget filmmaking doesn't really suit me; the mind-set that money is the answer.
It's rare that you cut out something that is really good. You screen all of it, and when the audience doesn't respond, you cut out whatever is holding the story down.
I go through a whole process with the actors first, building and creating characters, then I encourage them to sort of live in that character when they're in the screen.