To describe this film as dishonest and demagogic would almost be to promote those terms to the level of respectability. To describe this film as a piece of crap would be to run the risk of a discourse that would never again rise above the excremental. To describe it as an exercise in facile crowd-pleasing would be too obvious. Fahrenheit 9/11 is a sinister exercise in moral frivolity, crudely disguised as an exercise in seriousness. It is also a spectacle of abject political cowardice masking itself as a demonstration of "dissenting" bravery.
Hitchens backs up this opinion with lots of details. Metafilter has a discussion going.
A small side point, compared to a lot of important political things, but which ought to matter to people who care about art, is that Quentin Tarantino appears to be a fool.