So far, we’ve been treated to two very different (yet equally as engaging and wonderful) teaser trailers for Paul Thomas Anderson‘s upcoming film, The Master, but today gifts us with the film’s first full trailer. And it was worth the wait. Drawing from the film’s second teaser, this look at the Philip Seymour Hoffman- and Joaquin Phoenix-starring film dives deeper into the world of Hoffman’s mysterious, eponymous “master” and the outsider who at first embraces him, and then threatens the very fabric of his work and existence.

The auteur’s apparent take on L. Ron Hubbard and Scientology is set in the 1950s and it centers on Hoffman’s character, “a charismatic intellectual known as ‘the Master’ whose faith-based organization begins to catch on in America” and Phoenix’s character, “a young drifter who becomes his right-hand man.” Check out the film’s first full trailer, complete with lots of looks at the inevitable rift between the leads, after the break.

All of the awards.

The Master will open on October 12th. [Yahoo! Movies]