I did not know what was going on with the Jared Leto character and most of the movie after Gosling meets Ford is a waste: an incoherent brutal fight-to-the-death scene, a pointless "revelation" that I can't even off the top of my head remember what the hell it was, and an ending that was just an ending.
I'd rank it slightly below Dune and Arrival, but be advised I'm not in love with those films either. Villeneuve's best are probably Sicario, Prisoners and maybe the non-English Polytechnique. He has not made a "masterpiece" yet.
We shall see if it ever picks up a cult like BR did--after all, BR and BR2049 both tanked at the box office big time.