RED stands for Retired, Extremely Dangerous...some old spies forced out of retirement who whomp the living daylights out of the bad guys. Really fun to watch, and so is RED 2.
I'm also late, with Pacific Rim. It's a hardware movie, with fantastic attention to detail in the sets and the F/X. The plot is predictable, the characters are stereotypes, the dialogue is conventional, and I loved every blessed minute of it.