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Perhaps the greatest tragedy to befall any artist is to have their life become more compelling than their work; such is the sad case with Peter Bogdanovich whose meteoric rise to fame was matched only by a truly famous fall from favor and a bewildering journey through tabloid hell. (Charles Shyer and Nancy Meyers mined the not inconsiderable drama of the first act of his life to sporadically great comic effect in 1984's Irreconcilable Differences. And his tragic love affair with Playboy model turned actress Dorothy Stratten is fictionalized in Bob Fosse's astonishing, horrifying Star 80 (1983). How many directors become characters in films?)

Bogdanovich's love affair with film is undeniable, though it has, in the past three decades, yielded far more perplexing misfires (The Cat's Meow, At Long Last Love, Nickelodeon) than unqualified successes. That said, The Last Picture Show is an extraordinary accomplishment and worthy of its place in the list of great films of the 1970s.

1971's other important films (Friedkin's The French Connection, Pakula's Klute, Kubrick's Clockwork Orange) are loud, angry, violent and contemporary – in-your-face reflections of a society in which rage and nihilism, engendered by Vietnam and the growing discontent over government corruption, is the currency of communication. The uncertainty coursing through the veins of American pop culture also begat in equal, if not equally graphic, measure a palpable sense of sorrow at the destruction of a simpler way of life (no matter how "true" that memory may be).

Like Jewison's Fiddler on the Roof and Altman's McCabe & Mrs. Miller, The Last Picture Show is a powerful and poignant evocation of the death of a community and a way of life. Thematically rich and imbued with Bogdanovich's remarkable knowledge and passion for film, the movie works on a dazzling number of levels; and Bogdanovich's use of nostalgia and traditional, archetypal genre conventions both enriches the movie and compounds the heartbreaking loss at the heart of the story.

His deft handling of a cast comprised of then (largely) unknowns (Bridges, Bottoms, Shepherd) is first-rate and he draws forth superb, often sublime performances from everyone (in particular, Johnson, Burstyn and Leachman). There isn't a false note or a misstep in the movie and there is a naturalness here that is not easily achieved or earned. The great production design (by Bogdanovich's then wife and partner Polly Platt whose contributions to his work and her subsequent involvement in the best works of James L. Brooks should not go underestimated) and the achingly beautiful cinematography by the late Robert Surtees are vital to the success (emotionally, intellectually, thematically) of the film.

The Last Picture Show is a truly rare work of surprising depth and emotional resonance; and the heartache for a time and place forever gone and the desperate and quiet struggles of its very real, very human denizens is matched only by the sorrow found in contemplation of Bogdanovich's Icarus-like fall from such exalted heights.

A heartfelt, unbelievably frank film on teenage sexuality, it manages to capture the intensity and tumult of the feelings of its depicted young characters superbly well. The cast is excellent, playing each character out in a realistic and moving manner. Timothy Bottoms in particular displays one of the most earnest performances of all time, and the rest of the actors and actresses are so good in general that it is hard to single one particular one out. The film is superbly shot in black and white, which helps depict the entrapment of the characters' emotions, and to really purify the desire to express their feelings. Without doubt this is one of most honest character studies ever filmed, and it just gets better on a second viewing.

Peter Bogdonovich's great love of film, combined with Larry McMurtry's superior storytelling (he wrote the novel and both collaborated on the script), is in glorious evidence in this elegiac study of life in a small Texas town in the early Fifties. Bogdonovich pays a heartfelt tribute to the America of John Ford and Howard Hawks but the subject matter is contemporary, anguished, appropriate for the time in which it was made. Filmed by the great Robert Surtees in a flat black and white that perfectly evokes the bleakness of rural Texas life and peppered with a fine soundtrack of the popular country hits of the time, Bogdonovich creates a mise en scene understated and keenly observant of the details. It's also filled with McMurtry's trademark mix of humor and pathos. The cast (including Jeff Bridges, Timothy Bottoms, Cybill Shepherd, Ellen Burstyn and Cloris Leachman) is letter-perfect but it's Ben Johnson as Sam the Lion who gives the film its center: in an overwhelming (yet masterfully restrained) performance, Johnson unforgettably absorbs the town's despair, loneliness and regret; his short monologue about lost love is delivered with such deceptive simplicity that its power sneaks up on you unawares. One of the great performances and one of the groundbreaking films of the Seventies.

This is a character study wherein the main character is a small West Texas town, circa 1951. In the U.S., the early 1950s symbolized a transition from nineteenth century agrarian values to twentieth century urbanism. In the film, various people who live in the town must confront the reality that time moves on. Things change. Assumptions of previous generations give way to the untested assumptions of the future. The film's theme is thus American cultural change, and the personal disillusionment that such change can bring. It is a powerful theme, and the film imparts that theme with logical clarity and emotional frankness.

In the hands of lesser talents, the subject matter of unimportant people doing unimportant things might have yielded a tiresome soap opera. But the film's script is poetic, the direction is skillful, the B&W cinematography is artistic, the casting is perfect, and the performances are superlative.

The story draws heavily from early American individualism. Life here is mostly physical, not mental. Human relationships are direct, immediate, one-on-one. Except for schools, which are given some prominence, cultural institutions exist in the film only vaguely or not at all. For entertainment, people listen to radio, which features the mournful country-western music of Hank Williams. Or, they go to the town's decrepit picture show, where an elderly Miss Mosey kindly returns money to the kids who got there too late to see the cartoons.

If the film has a weakness it is in the presentation of a realism that is incomplete. We see mostly stifling bleakness, though that is ameliorated somewhat by humor. What we don't see are the uplifting influences and the optimism that sustained agrarian generations through hardships and rough times.

Nevertheless, within the film's story parameters, the film does convey an accurate account of what life was like for ordinary folks in West Texas in the early 1950s. I doubt that this film could be made today. Contemporary audiences have been conditioned to expect non-stop action, loudness, glitz, and overblown special effects, all of which are absent, mercifully, from this film.

Low-key, perceptive, bleak, and melancholy, "The Last Picture Show" easily makes my list of Top Ten favorite films of all time.

Adapted with director Bogdanovich by Larry McMurtry from his own novel, this film remains true to its source. A modern adaptation would no doubt have adopted the voice-over approach of narrative, but here each scene is played out from a more objective point of view. The book consists of a series of events played out over a protracted period of time, with McMurtry's sparse but effective prose acting as a bridging device between scenes. The translation to the screen loses these links, giving the film a slightly episodic feel which runs counter to modern Hollywood film making practice. This is no bad thing, and in every other aspect the film follows the book almost literally, but watching it now does highlight the difference between the formulaic approach we are now accustomed to, with mise en scene, plot turning points and climaxes crudely and obviously spelt out, as opposed to that of Hollywood's final golden age, where the director was given more of a free reign to stamp his own identity on the film, and audiences were more receptive to different styles. Here the spirit of the novel is captured perfectly; that of the desperation and claustrophobia of small town life, where generation after generation undergo the same rites of passage, living out the same lives of frustration and unrealised dreams. The films strength is that it never forces us to identify with any one character, evenly distributing the amount of screen time over the different generations and, almost like a fly on the wall documentary (though heavily stylised in its powerfully expressive monochrome cinematography). Coupled with some sturdy performances from all of the members of the cast, and some memorable images, ‘The Last Picture' comes across as an enchanting, evocative and accessible portrayal of a lifestyle most of us have never and will never experience. Now surely this is what the art of cinema is all about?