Too willful. It starts with the technical/cinematic things: I certainly have nothing against films in 4:3 format, but what is this "frame" with the rounded corners for? Should a kind of "Super 8 atmosphere" be created here? Then these distortions or filters. It's hard for me to see that as artistically effective or valuable.
Also the action, the dialogues, the narration...everything seems too theatrical and pregnant with meaning. A successful Faust film adaptation has to be more natural for me, especially since not inconsiderable changes were made to the plot.
I have little or nothing to do with the story that is being told here.