The bin-laden movie is a feature-length re-election campaign ad, made using background information that still remains classified. I'm not sure what else can be said about it until people actually get a chance to see it and judge how good of an ad it really is.
The Red Dawn movie may be fun just to watch things go boom but the plot is stupidly unrealistic and that will probably ruin the movie for a lot of people. The only thing that could "save" the red dawn movie is if they don't violate the laws of physics too badly when doing the special effects. No helicopters flying through buildings, slow-mo matrix bullet dodging, etc. If the movie is technically correct then ignoring the plot entirely might make it fun to watch.
I doubt I'll watch the bin laden one but the Red Dawn one might be worth watching if I am ever stuck on an airplane or deployed again and really have nothing better to do for a few hours.