The over-emphasis on special effects to give a sense of "being there" is one of the main reasons I have so little time for modern films. I feel that in most cases the CGI and whatnot detracts from story and acting, as it tends to monopolize the viewer's attention, as well eating up screen time.
I think that's the reason my
favorite movies tend to be on the
older side, as the technology didn't allow for so much flash, and acting had to take the forefront to make a film work well.