My wife and I snuck away from the children last night long enough to see Hero, the new Jet Li martial arts film directed by Zhang Yimou (of Raise the Red Lantern, Red Sorghum, Ju Dou fame).  It was fantastic.  Easily on par with Crouching Tiger... but with a much different pacing.  The martial arts were fabulous, and very well filmed.  And Mandarin is a beautiful language to listen to, so I'm very glad they didn't dub it. 

The costumes were very well done, and correct for the period, at least on par with those in The Emperor and the Assassin.  My favorite part was that much of the film consists of the same events being recounted with different emphasis, and each of the retellings features a different color scheme.  There are blue, yellow, red, green and white scenes, and the cinematography was captivating. 

Well worth seeing in the theater, since the colors and overall cinematic grandeur play a key role.