ovoon: I've said it for years, it's one of my favorite films of all time.
The Village.
People HATE this movie and I can't figure out why! It's got the best musical score I've heard in a film, it's got the best love story i've seen in a film, it's loaded with suspense, brilliant camerawork, symbolism, a crazy twist,brilliant writing and incredible acting. Unfortunately, M. Night Shyamalan, who does almost every job right, releases crappy trailers. He always makes it look like it's some kind of B-movie horror flick. This movie didn't get any recognition it deserves. I don't have an "absolute favorite" film of all time, but I could put my three favorite down.
Shawshank Redemption (I suppose this is another underrated one, although it's because not many have seen it, I don't know anyone who didn't like it. And it's #1 on IMDB)
The Village
and The Good The Bad and The Ugly.
After those three it's all anime films. :P
I LOVE The Village too. It's great! But yep, the trailers lead to someone believe it's some kind of horror flick. Never believe in his trailers.