"But honestly we are talking about a competitive business and it all comes down to this: because he is so gifted as a storyteller and a director, I don't know that he requires some sort of mass forgiveness.
"He has changed, but at the same time he's still Mel. He and I are so similar in so many ways. He really, honestly is the first to admit his character defects and also is just a great, great collaborative guy."
Downey Jr insists anyone who really needs to know the truth about Gibson should look at the Braveheart director's kids.
"I always say too that if you want to judge a man or a woman then look at their kids," he said.
"He has the healthiest, happiest, most productive kids you could ever meet or know, and I'm fortunate to be friendly with several of them.
"He did a lot right, and there's stuff he taught me about parenting that didn't sink in at the time but have proven to be true."
Gibson, who has directed the epics The Passion of the Christ and Braveheart, became Hollywood's favourite villain when he showered a Jewish traffic cop with anti-Semitic remarks during an arrest in 2006.
He was also investigated for domestic violence in 2010 in reference to an incident between himself and ex-girlfriend Oksana Grigorieva, the mother of his baby daughter Lucia.
- WENN