My favorite Michael Douglas performance, bar none, and one of the best stoner movies ever — a subtle pot high laced with intelligent middle-aged thought. Each and every Wonder Boys shot, it seems, is covered in fog and murk and Pittsburgh dampness. Odd, but I’d totally forgotten about Katie Holmes being in this.

I don’t like the use of “happy families” as a ploy to get you to feel something in a movie. I was happy when I was married with two little kids, but that’s my memory, my history — and I don’t like some movie butting in and saying, “Here’s a story that links to all that, but which deals in threat and trauma. That gets you, right?”

But anything with Russell Crowe has to be seen and settled into. And Paul Haggis‘s In The Valley of Elah got it exactly right.

Incidentally: I really hate embed codes that go on and on and on.

BoxOffice.com’s Phil Contrino is predicting that Secretariat will win the coming weekend, but also that The Social Network will experience a modest 38% drop from last weekend. That’s the same kind of drop that Inception had on its second weekend. Network should bring in about $14 million. It doesn’t matter if Secretariat is a relatively mundane confection that can’t hold a candle to Fincher’s film. For most filmgoers, fresh vs. one-week-old is what matters.

Todd McCarthy‘s decision to accept the top-dog film critic slot at the Hollywood Reporter is cool as far as it goes. Much better compensation than he was getting from Indiewire, that’s for sure. Plus he wasn’t filing all that much. Indiewire columnist Anne Thompson wrote this evening that “the adjustment from 30 years of working with a Variety support system to the independence of a blog was tough for McCarthy.”

But if you’re talking tough adjustments, what about poor Kirk Honeycutt, the Reporter‘s lead critic for eons who’s been elbowed aside by the McCarthy hire and been re-assigned as the trade’s “international critic” — obviously a sop and a demotion. But where’s he going to go?

Gold Derby guy Tom O’Neil isn’t exactly leaving the LA Times, but he is re-launching Gold Derby.com, his long-established Oscar site, as a stand-alone. Sort of. The L.A. Times will sell advertising for Gold Derby, and O’Neil will continue to contribute to The Envelope so what’s really changed? O’Neil will make more money — is that it? Fine, whatever.

I’ll be part of the Gold Derby Oscar pundit prediction team. Also on board with that effort will be EW‘s Dave Karger, Deadline‘s Pete Hammond and Us critic Thelma Adams. Plus others to be announced.

You can’t duck out of seeing Olivier Assayas‘ Carlos, and by that I mean you must see the five-hour version. It goes by like two and a half to three hours, I swear. No fat, no wasted anything. It’s a fast-on-the-draw Billy the Kid western. And there’s nothing noble or sanctimonious about Edgar Ramirez‘s Carlos, a desperado and egotist who likes guns, action, whiskey, ideology, Marlboros and blowjobs.

Here’s the rundown on the multi-platform release from IFC Films and the Sundance Channel, but again, forget the 165 minute version. That is not the way.

The long “special roadshow” version (330 minutes) will open at Manhattan’s IFC Center through IFC Films on Friday, 10.15 and run until November 2nd, and will play twice daily, One admission, one intermission. The ticket price includes a small popcorn and a special collector’s program. Assayas, the director, will appear in person on Friday, 10.15 at 7 pm and on Saturday, 10.16 and Sunday, 10.17 at 12:30 and 7 pm.

Carlos will have its broadcast premiere on the Sundance Channel in three parts starting on Monday, 10.11. Part 1 premieres on Monday, October 11; Part 2 debuts on Tuesday, October 12; and Part 3 premieres on Wednesday, October 13.

The 165-minute theatrical cut (i.e., the version you don’t want to see) will play at the Lincoln Plaza Cinemas in 35mm. Both the extended version and the shorter cut will roll out theatrically nationwide. The shorter version will also be show on VOD beginning October 20, “available to over 50 million homes in all major markets.”

Last night I caught my second viewing of John Curran‘s Stone (Overture, 10.8), and it played just as well as before. And then came the Peggy Siegal after-party at a corporate, high-ceilinged space on 41st Street near Fifth Ave. Curran and Ed Norton were milling around. The usual assortment of filmmakers, distributors, agents, actors, friends and journalists. Really excellent food — chicken, rissotto, vegetable salad, etc.

I wrote last August that the Stone trailer “makes it seem like a more-or-less conventional crime melodrama. In the midst of evaluating an apparently psychopathic convict (Norton) regarding an upcoming parole hearing, a retirement-age prison counselor (Robert De Niro) succumbs to sexual favors offered by the prisoner’s scheming wife (Milla Jovovich). We all know where this is likely to go. Exposure, revenge, moral ruin, chaos.

“Guess what? It goes somewhere else entirely. And I mean into a realm that, for me, is not far from the one that Robert Bresson mined in the ’50s and ’60s and early ’70s.”

I apologize for suggesting during last weekend’s “Oscar Poker” podcast that Matt Reeves‘ Let Me In is all but finished as a potential awards contender because it fizzled at the box-office. It’s not. It’s one of the finest films of the year and one the most touching and thematically rich vampire films ever, and just because the popcorn crowd didn’t rush out to see it last weekend shouldn’t mean all that much.

I certainly shouldn’t have succumbed to the conventional wisdom, and anyone else who erred as I did needs to apologize also. It was wrong of me. It was an abdication of what columns like mine are supposed to do, which is to say over and over “most of the time the crowd has no taste, box-office performance is over-prized, and if a film is really and truly high-end then it’s really and truly high-end, and attention must be paid.”

Every so often the best and the brightest (or those who imagine themselves as such) need to step back and remind themselves that there’s a lot more more to movies than the Preakness betting-window mentality, and that we all need to step back and consider the greater scheme, and if we don’t do this we’re all just a bunch of monkeys in a cage.

In the ’60s or ’70s Let Me In could have potentially hung in there and sought to establish a box-office footing. If a 30 year-old Warren Beatty had produced Let Me In he’d be banging right now on the door of Ryan Kavanaugh (the current owner of Overture) and demanding that the film be re-released with a different marketing campaign. Now, as we all know, it’s a game of sudden death or the opposite, and more often the former.

I don’t dispute that that the Academy members have probably forgotten about Let Me In — they primarily reward films that make them cry and/or make money — but don’t forget that a war film that made a small amount of theatrical change won the Best Picture Oscar last year, so a precedent has been set. It’s certainly the responsibility of critics groups to respect and salute the year’s best films regardless of how much money they’ve made, and this should definitely be one of those times.

I first saw the extended director’s cut of The Exorcist a few years ago on DVD, and again last week at the Museum of Modern Art. I still prefer the original theatrical cut. Tighter, subtler, a little more concise. It was this version that I popped into the player yesterday when the new Exorcist Bluray arrived. My favorite bit in the whole film is that eerie whoosh-slingshot sound coming from the attic. The scariest stuff is always about suggestion.

Wells: That’s cool about Tom Hanks talking to you guys about starring in Sleeping Dogs. Can you tell me non-attrib who or what Hanks will play? He’s…what, some kind of law enforcement guy? Can you give me the rundown?

Sleeping Dogs guy: I can’t right now, but when I can share I’ll get back to you.

Wells: Not even a generic boilerplate description? Does he play a good guy or a bad guy?

Sleeping Dogs guy: I’m sorry, but you know how this goes. I just can’t say anything.

Wells: I’m going to assume he’s not playing a drug kingpin with a Latin accent and a twirly moustache. I’m going to assume that he plays ‘Tom Hanks,’ just like he does in every other film.

Sleeping Dogs guy: You can assume what you want, but I’m not going to say what you want me to say.

Wells: “Go ahead, try and make me say ‘Niagara Falls!’

Sleeping Dogs guy: “Niagara Falls! Slooooowly I crept, step by step, inch by inch…”

Wells: Who came up with the title Sleeping Dogs?

Sleeping Dogs guy: Why, whadaya mean?

Wells: Nothing. I mean, I like the title. I do. It’s a little bit better than Triple Frontier. Well, somewhat. I’m just remembering a story from the late ’70s about Karel Reicz‘s Who’ll Stop The Rain…

Sleeping Dogs guy: Yeah?

Wells: Which was originally called Dog Soldiers, based on the Robert Stone novel, and the reason they changed the title, I read, is that they did a marketing survey and women, they found out, don’t like titles with the word “dog” in it. No dogs. Dog, death. I guess…whatever, they think the word suggests something smelly and male and drooling with saliva.

Sleeping Dogs guy: But this is an expression, obviously. A saying that everyone knows the meaning of — “Let sleeping dogs lie.”

Wells: All right, cool with me, whatever. I’m just saying you can’t mess with women when it comes to movie marketing. If they don’t want to see something, you can’t stop them.