Reckon about half of the last ten Best Picture winners are genuinely good films.
The Artist, The Hurt Locker (maybe), Slumdog, No Country, and The Departed.
LotR:RotK - fun
King's Speech, Crash, Chicago - meh
I've never seen Million Dollar Baby all the way through - saw most of it on a plane and had to get off just before the accident apparently occurs, which I suspect takes away the point rather. Didn't like what I'd seen all that much though.