I can never decide what my favourite film, book, album etc. of all time are, but this definitely isn't a great film. I was tempted to give it one star to try to counter out the ones that say it is.
There is some great camera work that's ahead of its time, and I especially remember one shot where the camera started off outside, passed through a skylight and seamlessly ended up showing an indoor scene with actors. But that's not enough to make a film great.
The storyline is nothing to write home about, the acting is like so many classics of the era - wooden - and some of the backdrops look like something from an amateur pantomime.