Where else you gonna see such cool shots of Panthers in flight, on the deck, trapping, in the groove, and dropping ordnance? Bill Holden was also one of the slickets cats of his era, and a most convincing aviator in this one to boot.
No excessive sap, no far-fetched plots or smart-a$$ed grand standing (TOP GUN), but brought combat aviation down to the ground...into the mud, where many a fine aviator ended up, battling it out to the last with a revolver and a prayer. It also gave kudos to the Navy helo drivers who fished so many fliers out of the drink with entirely too little recognition. Mickey Rooney...whatta guy.
I remember seeing this one on late night TV as a kid, and it just struck me as being something truly special.
As for the remainder of my list:
Battle of Britain (Where DID they find that guy who looked so much like Galland?!) All those Spits and Hurri's in one place, in color and stereo sound....Nirvana!!!
Memphis Belle (plenty of theatrical nonsense, but awesome videography)
AIRPLANE! Can watch it again and again and not see every bit of schtick.
and....the Razzie goes to...
Pearl Harbor. That #$)#$&!! scene of nurse chick and fly-boy gettin' it on in the soft, diffused lighting of the parachute rigging hangar whilst in the midst of the nation's pending delivery into the world at war just made me want to hurl. Oh, and flying knife-edge between buildings like it's just another day at the office for our two dapper heros....well....NUTS!

And, Alec Baldwin as Jimmy Doolittle?!!!??!

Puhleaase!
And there you have it. My report from the red carpet. Stained with 100LL and Aeroshell, of course.