
I've loved The Rocketeer since I first saw it in theaters way back in 1991. Based on the comic book of the same name (itself a homage to old sci-fi serials like Bulletman, '30s mob movies, Bettie Page, et al), the movie was unlike any action film I'd ever seen before. Though I didn't realize it back then, the film is, in many ways, a love letter to the golden age of Hollywood, with a script that's informed by the atmosphere, the culture, and even the urban legends that arose from that period.
I've never actually had the chance to read the comic book (which is long out of print and near impossible to get without paying ridiculously high prices), but the movie is incredibly fun, and The Rocketeer costume itself is incredibly faithful to the comic book design (in fact, it's an exact reproduction and looks amazing - you can't even say that about the costumes in any other superhero movies):

Just imagine this in live action (I can't seem to find any good shots of the suit online,

).
Anyway, when I first watched the movie, I just saw it as a cool action movie with a unique period setting. It was only in later viewings that I saw all the references: the Howard Hughes appearance (played by Terry O'Quinn, who's now probably most famous for his role on Lost), '30s mob movies, monster movies, swashbuckling movies, the Errol Flynn pastiche played by Timothy Dalton (whose motivations in the film owe a lot to an urban legend about Flynn that floated around in Hollywood after World War II), even a touch of film noir.
The cast itself is impeccable. Aside from Dalton, the movie stars Jennifer Connelly as the love interest (this is the movie where I got a crush on her), Billy Campbell as pilot Cliff Secord (the Rocketeer himself), Alan Arkin, and even Paul Sorvino as a mob boss.
What annoys me is that, as much as I love the movie, the DVD has an awful transfer and is generally just a shoddy mess, and it seems like we're never going to get an upgrade or a special edition or anything, because this film is so overlooked. It's a true cult classic, and pure fun filmmaking. And way better than most other attempts at this genre *cough*SkyCaptain*cough*.
I want a Rocketeer special edition DVD. :'(