Heist flicks are a dime a dozen in Hollywood, but it takes plenty of imagination, smarts, and talent to make a good one. For every classic like The Asphalt Jungle, The Killing, Reservoir Dogs, and even the 2001 remake of Ocean's Eleven, there are three or four or more mediocre heist films that follow the formula but lack the goods to make them great. Dead Heat on a Merry-Go-Round is a prime example. Writer-director Bernard Girard's hip, very '60s-ish caper movie walks the walk, but too much style, not enough substance, and a very convoluted plot wind up sabotaging this slick but sluggish crime yarn.

The film follows the escapades of Eli Kotch (James Coburn), a lovable con man who changes guises as often as he changes clothes. We first meet him in jail, charming a gorgeous prison psychologist with bogus stories about his tortured youth. The tall tales work their magic and he seduces the doctor, body and soul, to win parole. Yet after a night or two of passion on the outside, Eli leaves the shapely shrink for his one and only true love - money - and though he pursues plenty of other warm-blooded, voluptuous females during the course of Bernard Girard's comically-tinged caper (including one who tries her breathy best to sound like Marilyn Monroe), it's the pursuit of cold hard cash that really fuels Eli's inner engine. Eli may act like Don Juan, but for him, women are merely rungs on a ladder that he hopes will lead to a big ol' pot of gold.

The particular pot that obsesses Eli doesn't lie at the end of a rainbow, but rather deep inside a bank vault at the Los Angeles airport...and like Frank Sinatra in the original Ocean's Eleven, he enlists the services of every friend and associate he can scrounge to help him knock it off. Trouble, however, threatens the mission's success. A visiting Soviet dignitary is scheduled to arrive at the airport the same day as the planned heist, so security is airtight. Or is it? Eli, of course, has a master plan and won't let anything as trivial as Cold War politics interfere. He might even use the international summit to his advantage...

All this sounds exciting, but Dead Heat on a Merry-Go-Round never reaches the dizzying speed necessary to make it work. Director Girard (who also wrote the script) tries hard to make Eli a blue-collar, rogue James Bond, but the character remains too low-key to capture our fancy. Ditto the complex, maddeningly oblique plot, which demands attention while dulling our senses with its painstaking pace. The sketchy details make motivations difficult to discern and the story tough to follow, and while I certainly enjoy a challenging cinematic jigsaw puzzle, when all was said and done, this particular brainteaser didn't seem to merit my effort. Girard's light touch and subtle, sardonic comedy add a refreshing spin to Eli's shenanigans, but still don't provide the necessary zip to propel the narrative.

Coburn puts his considerable talents to good use, striking just the right casual tone and spicing his character with an intriguing duplicity that keeps the viewer off-guard - although how he could find money more attractive than Camilla Sparv is beyond my comprehension. (Sparv would win the 1967 Golden Globe Award as Most Promising Newcomer for her performance in this film, but despite a couple of notable credits, including starring opposite Robert Redford in Downhill Racer, her career never really took off.) Coburn can't save Dead Heat by himself, but his finely tuned performance adds interest to the film.

Aldo Ray and Robert Webber lend solid support and The Dick Van Dyke Show's Rose Marie crops up briefly as a rich socialite who falls prey to one of Eli's scams. The film's biggest surprise is the debut of Harrison Ford in a bit part as a bellhop. Looking surprisingly skinny and baby-faced, the 24-year-old actor winningly flaunts the half-cocked grin and twinkling eyes that would one day make him a star.

Despite its amiable premise and early promise, Dead Heat on a Merry-Go-Round never involved me like I thought and hoped it would. Throughout the film I felt I was riding a trance-inducing carousel instead of the far more thrilling roller coaster I anticipated. And while a clever and ironic twist ending provides a potent finish, I found the payoff to be too little too late.

Vital Disc Stats: The Blu-ray

Dead Heat on a Merry-Go-Round arrives on Blu-ray packaged in a standard case inside a matte-finish sleeve. Video codec is 1080p/AVC MPEG-4 and audio is DTS-HD Master Audio 2.0 mono. Once the disc is inserted into the player, the static menu without music immediately pops up; no previews or promos precede it.