Probably will see the movie when it comes out on DVD. I like Blanchett, and liked her in “Elizabeth.” That film, however, suffered also from a lack of balance. Like the part where Walsingham kills his assassin. Sure enough, assassination was —and is—a political tool. Many an attempt was made on Pole, whose claim to the throne was as good as Elizabeth’s or Mary Stuart.
William of Orange was taken out, of course. Does the film deal with the Dutch question in any depth? I have yet to see a film where it was made clear that the English were aiming to prevent the Armada from reaching the Netherlands to pick up Spanish troops poised. to invade England.
I think it would be a mistake to put too much history onto this, or for that matter any other contemporary "Hollywood" vehicle, though this seems to have been made internationally and shot entirely within the British Isles. It dis-suspends belief and lets un-imagination rule one's thoughts, thus to undermine the the sense of "the play"...with any and all apologies to Shakespeare.
Best....