Well a lot of comic books work as movies in theory, but not in practice. There have many heroes where there is a good concept , but not enough meat on the bones for something epic enough to be a movie, unless its going to be a complete comedy. Notice how the movies about Steel and Elektra completely failed.
Steel and Elektra failed because of bad writing. And cheapness. Nothing was wrong with the basic concept for either of those properties.
There's absolutely no reason that Plastic Man couldn't be the same kind of hit that The Mask was. Heck, Jack Cole's Plastic Man stories are a lot better than anything that was ever in The Mask comic book. You have the basic redemption story, Eel O'Brien as a crook the reforms after a traumatic incident. And some basic fun ideas, Plastic Man being charged to bring in Eel O'Brien being one classic story idea.
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