This movie uses a Romulan villain (named Nemo of all things) traveling back in time to get vengeance on Spock for failing to save the home planet Romulus.

It basically reboots the Trek universe, starting with how Kirk gets to be the youngest captain is Starfleet history and gives Paramount the ability to write new stories unbound by any previous dogma.

We may be seeing the genesis of a new Star Trek series.