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If you are going to watch this movie please pay a bit more and watch the 3D version as not doing so doesn't do this movie justice at all. The use of 3D in this movie is not gimicky but to create an immersive effect pulling the viewer into the beautiful world of Pandaro and it's inhabitants.
Cameron has done magic here and created an utterly believable world and the various beings that live on it.
No point retelling this story here as by now everyone who's internet should have heard of it.
My point is.... Watch it!!!!
And here's the wiki