Dakota Fanning in Hide & SeekHIDE & SEEK

(Warning: Potential spoilers - for both Hide & Seek and Million Dollar Baby - ahead. Proceed with caution.) If you haven't yet seen Clint Eastwood's Million Dollar Baby, it might be too late to do so without prejudice, since numerous critics, pundits, and op-ed writers have probably already ruined the film for you.

Emily Watson and Adam Sandler in Punch-Drunk LovePUNCH-DRUNK LOVE

Punch-Drunk Love is exactly what its writer-director, Paul Thomas Anderson, claims it to be - "an art-house Adam Sandler movie" - yet I can't be alone in thinking: What's the point of that? Is Anderson merely trying to show up the hacks who've directed Sandler in other films? (Again: What's the point?) All throughout, the movie is beautifully filmed, exquisitely composed, and filled with Anderson's uncanny knack for stretching a scene out longer than it should humanly run and making you hang on every delirious second of it.

Catherine Zeta-Jones in TrafficTRAFFIC

Sitting in the audience for Steven Soderbergh's drug drama Traffic, I heard a sound that had been sorely missing from 12-plus months of moviegoing: rapt, appreciative silence. It was the sort of silence that you only get when a director is in full control of his work, when the actors are working at peak form, and when the storyline is so gripping that you can't wait to see where it will lead you next. Based on a British mini-series, Traffic is something increasingly rare in modern films: a large-scale epic with a human pulse, in which every character and nuance is sharply defined, and in which your alliances and points of view change with each passing scene. The accolades and awards already bestowed on the film aren't simply a matter of it being the best of a bum year; it's one of the best movies released in many years.