This is a near-perfect film for what it is--a richly imagined, finely-acted, lavishly produced family film, and one faithful to the source; this Lassie is not a dumbed-down version where the dog does stupid pet tricks, but instead the film stresses the importance of the relationship between the dog and her pal, a young lad living in a coal town.
Lassie, by the way is amazingly expressive and simply beautiful. The essential story is probably familiar to anyone over twenty who speaks English, but the film is enriched with cameos from major actors, including Peter O'Toole, James Fox, and Peter Dinklage, and with the lush, verdant vistas of Ireland standing in for Scotland.
While not as emotionally elemental as the classic Roddy McDowell version, this modern retelling also has a strong underlying foundation; the implied criticism of the class system will not be an obvious statement to young eyes, but adults will easily pick-up the points made concerning the privilege of the rich; children of all ages should enjoy this sweet, universal fable.