I felt that the plot was outstanding in terms of story telling, and is the most creative of the series hands down.
Not only does it tie itself to the original film by having Nancy return, it continues her story as well as introduce new characters. Giving the teenagers powers to fight back against Freddy was also great and added a bit of intrigue to the film: Could they finally kill him once and for all? I also liked that there was more of a classic horror element to the plot, similar to what you would see in an old vampire film in that they needed to bury Krueger's remains on consecrated ground to destroy him once and for all. That and the added subplot of Neil and Sister Mary Helena added a lot to this film in my opinion.
The actors did a great job with this film, giving all the characters a distinct personality and made them easy to identify with. Heather Langenkamp was great in her return to the series as Nancy, it was nice to see how her character had changed in the years since the first film. I was also glad to see that Robert Englund was on his game here as Freddy and turned in a great performance. The teenagers of the film were great, but my favorite had to be Ken Sagoes as Roland Kincaid. He had a unique personality that was entertaining as well as some of the best lines of the film.
Verdict: If you liked the original, I think you'll love dream warriors. A must watch for horror fans.