Wildside Cinema has a new review of Cthulhu (2007). I must say I’ve never heard of the movie, but it sounds like a very free adaptation of “The Shadow over Innsmouth”…
“That the movie is exquisitely photographed helps immensely, some of the camera angles and setups look like paintings in an art gallery.”

It was filmed over here in Seattle-I first saw it at the Lovecraft Film Festival in Portland. I liked it, but local film critics were a bit harsher