It was my favorite film for a long time, but in retrospect it's a little homophobic.
It was never my favorite film... but it was always a good film, though Mel Gibson kind of taints it, and I did notice the homophobia from the start.
I saw it so long ago that I don't remember too much. The only scene I liked was when a lady talks in French to someone because they assume Wallace doesn't understand it, and he answers them in French.
Aside from that it is notable only for its rather intense homophobia and the fact that it stole the Best Picture Oscar from
Apollo 13, a much better film.