All of that SFX budget is worthless without deliberate art direction. Most modern blockbusters look bland and busy. The scale of spectacle that computer graphics allow for just doesn't "WOW" any more. It's a shame that this is what the movie industry has come to.
Visual noise from CGI has been a real problem since at least Transformers in 2007. That's my benchmark for it, the one where I really first remember the overwhelm being a distraction. "Just because you can, doesn't mean you should" is a lesson that keeps needing to be relearned.
The movie was awful because it looked filmed at a low frame rate and they cut between views every frame or two. It was a mess to figure out who was fighting who.