Just as good as the first two films, in my opinion.

I can't stand fantards of the first two films who simply rip this film to pieces just because it didn't have the McCallisters nor the Wet Bandits (or if you want to stay true of the continuity of the franchise, the Sticky Bandits) in it, which is depressing. I guess the reason why everyone hated this film was because Kevin was a very relative character and Macaulay played it perfectly in both films (though he was a bit of a brat in the first film and became more likable and mature in the second film). But things change and having a new character the same age as Kevin is the only next logical step in the franchise. But besides that, I thought "Home Alone 3" was an enjoyable and surprisingly fresh entry with the new kid, Alex to be less annoying than Kevin in the first film and you get used to him very easily. The terrorists were more complex character-depth wise (their personalities, their backstories etc) and it has an overall likable feeling to the whole film. But please don't get me started with the fourth film....