Most of the reviews have already told you the basics; great special effects and stunts, intriguing plot, plenty of action. All true. However, let me weigh in with this. Every great action movie needs a great villain. The Matrix gives us the greatest villain since Die Hard's Hans Gruber -- Agent Smith. Here is an enemy you can love to hate and yet he is so interesting you really enjoy his scenes. His monologues will make you want to see this movie again and again just as much as the special effects.