Agree that "good" is subjective, but movies in the digital era lack some of the emotional involvement of earlier 70mm film epics.
Apocalypse Now, Lawrence of Arabia or even Sound of Music would be less interesting if they weren't film.
The panorama and action shots in LOTR, King Kong, Matrix, etc - look fake because they are.
Ridley Scott had to work to make Alien and Blade Runner look awesome - today, he'd just digitize everything because it's cheaper and nobody seems to notice. Same thing with Jaws and even the first Jurassic Park.
Digital effects are lame, although Matrix and 300 are very, very good movies; even Transformers is watchable.
King Kong is a example of how bad digital movies can get.