I've watched tons of stuff recently. Some notable ones:
Taegukgi: The Brotherhood of War. The action sequences were pretty well done, but that's about all that is worthy of any praise. The screenplay was so unbelievably riddled with cliches that it completely ruined any potential emotional power the movie might have otherwise had, and besides the well done action sequences it was pretty technically disappointing as well. Crummy, often ineffective lighting, average shots, etc. It's a shame that this is the only film about the Korean war (to my knowledge), cause it certainly doesn't do the tragic piece of history any kind of justice.
Heat. By far the best 'cops and robbers' flick i've ever seen. I don't know how I missed it until recently.
All About Lily Chou-Chou. Terrible and pointless. I think the people who gave it favorable reviews mistook it's utter lack of emotional depth for intentional and artistic ambiguity or something, but it was ungodly long and almost impossible to endure.
The Celebration (Festen). Totally amazing movie, and it epitomizes using the Dogme 95 restrictions to the film's advantage.
The Battle of Algiers. It was just as good as I expected it would be from all of the praise it's gotten, but I found it far more engrossing than I expected considering I knew pretty much nothing about the situation depicted going in.
Ran. Not as good as some of the other Kurosawa movies I've seen, but still very very good.
Alphaville. Completely awesome. I loved the zany futuristic vision. It made me want to see a lot more Godard.
Morvern Callar. A very pretty movie with an awesome soundtrack that was ultimately crap because there was next to no plot and the characters were so insipid and annoying that just about anyone would dislike them.