I saw two movies today -- Lady In the Water and Crash (on DVD).
To me, Crash was ok, but nothing spectacular. I'm probably going to offend people by writing this but, in my personal opinion, Brokeback Mountain, Capote, and Good Night and Good Luck were all better -- more groundbreaking -- films, and therefore any one of them was probably more deserving of best picture. I know that there is a purpose to having all of the related stories going on at once -- like Magnolia, Lone Star, or Short Cuts and their ilk -- but sometimes so many characters and plotlines detracts from the story and, ultimately, the point.
Lady in the Water was a disaster. And I really, really wanted to like it. I loved The Sixth Sense, and I think Unbreakable is one of the most underrated movies. I even liked The Village. This was just an unintelligable mess.