[mminer]

At the time of The Godfather's release there was the same mountain of crap in cinemas that there is today. It's easy to look back on "the good old days" and conclude that the quality of modern filmmaking has decreased, but you'll be ignoring all the other junk that made it to the silver screen. Like any medium, 90% of what's produced commercially is garbage, but future generations will enjoy the films of P.T. Anderson, Tarantino, the Coen Brothers, and countless other artists working today and say "they just don't make 'em like they used to."

Also, since Taxi Driver by Martin Scorcese was mentioned, take a look at his latest film Hugo. I think you'll agree it's every bit as good as his earlier work.