** spoiler alert ** 
 It doesn't pass, not even barely. The basis was good, not new, but quite interesting and neither of the two authors was able to do something good out of it. The storyline is very poorly developed and the writing... well, I think I could do it better (and I'm not English-speaker, you can tell it from my writing, can't you? xD). I had the feeling they were telling me the movie (and spoiling the surprise, by the way). Wasn't the book written first because it doesn't look like that? 
 The characters are stereotypes (good guy-knight in shining armour, good girl-damsel in distress, not-so-bad guy-captain of football team, best friend-pariah/geek at school, the oh-so-fatherly-guardian-teacher-full of secrets, super-number-Six...) and completely 2-dimensional, to the point that they don't have any depth at all (not even, the one who was supposed to have it, the alien). 
 The love story is too cheesy, too lovey-dovey, sickly sweet and too unbelievable, especially when she discovers the truth and doesn't even bat an eyelash (b/c it's daily bread your boyfriend it's an alien with superpowers !!) 
 The background story is pretty cool (a bit pretentious, though) with all the story about Lorien and Mogadore and the Legacies, but it gets completely wasted in the way is told. And that brings me to the next point: first-person narrative and the present tense. They're both a mistake for this novel. They get out of control a lot during the 400 pages. I understand why it has to be in present b/c the real-time effect, but the problem is you never get the real-time feeling especially when stupid things are described and the important ones get completely forgotten between the action, the lovey-dovey passages and the telling-stories-about-Lorien. 
 What it bothered me especially about the book was to have to read 400 pages to not get information at all. And since it is in first person I had the feeling the oh-so-fatherly-guardian-teacher was neglecting his job. Ok, they are loric, they have powers and they want to save themselves and by the way the Earth... But then the bad guys arrive and our hero is caught by surprise by the powers they have. So much training and he forgot to prepare him for the real battle?? Hello?? fO.o And why on Earth does Six know so much about the bad guys? The Loric Chest has to be the hell of an "Ark of the Covenant" or a "Pandora box" !! 
 The ending is cheap: how to get the readers to want more?? Put an unread letter left by the one dead character... and you catch their attention... At least they catch mine. Even if I'm not really interested in Number Four or Six or Hundred and eleven, I want to know what the letter says. And I'm intrigued: how on Earth they want to save the world fO.o But I don't know if I have enough patience to wait for the solution in the books. 
 Anyway, I'm quite sure I will like the movie. It's the kind of movie I watch while ironing b/c it's entertaining and full of action... and hello? Alex Pettyfer is in it *!* 
 So, my recommendation: invest your money and your time cleverly - skip the book, it's booooooringgg - wait until Feb 2011 and go to watch the movie in the cinema. In the meantime read something else, for example, "The Hunger Games".