Obviously inspired by the crush of skateboarding-as-rising-sport movies like Dogtown and Z-Boys and Stoked, Billabong Odyssey ostensibly follows a surfing competition in which the winner is crowned by surfing on the biggest wave in the world (this turns out to be about 70 feet high, which the breathtaking opening sequence presents in all-too-dramatic size). That's all well and good, but Billabong falls into the deadly trap of being more about its subjects than about the sport. I don't know Brad Gerlach from Mike Parsons, but if you're the kind of person who does, you might find something interesting in their life history and entree into the sport of surfing.
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There's already an Oscars buzz surrounding this movie.