Outstanding, excellent and entertaining movie, but not without flaws.

Rating: 8/10 (7 August 2008)

Basically, I liked this movie, because I like those kinds of fairy tale-like stories where two people from a completely different social class meet and fall in love (Aladdin and Pretty Woman, for instance). There is also the bit where each lover's friends try to persuade them to forget one another, and this is the bit where I think came the MAJOR flaw of the movie: the amount of bribery made it quite unreal.
I mean, imagine a powerful business tycoon like Cal Hockley bribes every single steward on the ship to keep Jack and Rose apart, and then tries to kill them out of spite when he learns he won't win Rose. That was the one thing I absolutely hated and found very unreal about the movie (until Murdoch threw the bribe in Cal's face: I loved that bit). The rest of the characters were very well done as well, and I am VERY surprised Billy Zane did not receive an Oscar nomination for his performance.
All in all, this movie was and will always be one of the best, but I don't think it really deserved the Best Picture Oscar over "As Good as It Gets" and "The Full Monty". It most probably won all those Oscars because of the special effects, because Kate Winslet's performance was CERTAINLY Oscar-worthy, and she didn't win (ironically, it went to Helen Hunt for "As Good as It Gets", "laugh").
In the end, everyone knew the story of the Titanic and how it sunk, so to me, the only special part was the side story (Jack, Rose and Cal). I expected nothing more. In my opinion, "The Full Monty" had a much better and realistic storyline to it, but then again, since when do comedies (even black ones) have a chance at the Oscars? Astounding, but not flawless. 8/10 stars.