After reading all the posts on this thread, and no, I still haven't seen a movie in a theater since "Team America" in '04, but here are some thoughts:
"Casino Royale"-I enjoyed it a lot, and since I've read most of Ian Fleming's original 007 stories, this was one of the few Bond flicks that tried to stay as close to the original story. I also liked Daniel Craig. The only real issue I have is that Judi Dench plays M in what is supposed to be Bond's mission that elevates him to 00 status, then disappears till the Cold War is over while Sean, Lazenby, Moore, and Dalton had the other M, who's definitely not a female(+ karma bump to the first one who knows what the M character's name was).
BTW: Tim Dalton was my favorite Bond because he brought out the hard-edge that Fleming's 007 had.
"Ocean's 12"-not nearly as good as "Ocean's 11"(the Clooney version is far better than the Rat Pack's), but it still had its moments, and I haven't seen 0-13.
Older, underrated movies: Somebody mentioned "Jacob's Ladder", which we watched one night at the frat house while imbibing many adult beverages. Definitely a strange flick, but decent. Other good movies from the '80s and 90s that are kind of forgotten, or just underrated, include:
-"The Breakfast Club": not really forgotten, but it seems all everybody remembers from John Hughes' Brat Pack movies is "Ferris Bueller's Day Off", this one has all the teen angst Hexx could ever hope for!
-"Heat": Pacino, Deniro, Val Kilmer, etc. in a great cops & robbers movie.
-"Gorky Park": very underrated(and mostly forgotten) movie about a Moscow police detective investigating a triple murder. Classic police procedural flick with William Hurt, a very easy on the eyes Joanna Pacula, and Lee Marvin in one of his last roles.
-"Grosse Point Blank": John Cusack, Minnie Driver, and Dan Aykroyd in a very dark(and very funny) comedy about a hitman who goes home for his high school reunion, and a hitjob. Great soundtrack of '80s music.
-"No Way Out": the only Tom Cruise or Kevin Costner movie on this list! Costner, Gene Hackman, and Sean Young(yow baby! yeah!) in a love triangle that leaves Young dead, Costner on the run, and Hackman trying to cover his own *ss. Would have been better if it had been Kevin dead, Young on the run, etc, because then we could have seen more of that sexy babe, and had to endure less of Costner, but despite that, it's still a decent film.
-"Full Metal Jacket": somewhat overlooked because of all the hype surrounding "Platoon", but a gritty film about Vietnam with Lee Ermey unforgettable as the main character's DI at Parris Island.
-"Searching for Bobby Fischer": the only kids flick, but definitely a good one. Semi-true story about a young chess grandmaster, this is the only movie on this post that you don't have worry about letting the kids see by themselves while you flick on the Playboy Channel in another room.
-"Whose Life Is It Anyway?": Richard Dreyfuss plays a sculptor who's paralyzed from the neck down in a car accident, and sues for the right to die. Dark, but very powerful movie with great acting from all the lead players.
Just plain bad movies of the last 20 years or so:
-all Costner and Cruise films since the above mentioned "No Way Out", and "A Few Good Men".
-Any Oliver Stone movie since "Platoon"("Natural Born Killers"= worst, movie, ever).
-"The Thin Red Line"(mentioned many times already on this thread), somebody tried to cash in on "Saving Private Ryan" and failed. Badly.
-All "Rocky" movies after IV, all "Police Academy" movies period, "Godfather III", and nearly every other sequel, except for the LoTR trilogy. And speaking of sequals:
-"Star Wars" Episodes 1-3. Nowhere near as good as the original trilogy, and the Annakin of the last two movies is so annoying you want him to get mutilated repeatedly so we can proceed to his Darth Vader days with James Earl Jones' voice.