First let me begin by saying that nothing exceeds the original black & white 1947 version of MIRACLE ON 34TH STREET. It is rare when a movie remake is better than the original. The 1973 version of this film by no means is better than the 47 version, for that matter nor is the 94 version. In my opinion the 94 version is the worst but I'll not comment on that here.
I feel that the 74 version does bring some good things to the table. I find the color here better than the Ted Turner coloring of the 47 version. I believe that movies filmed in black & white should stay in black & white. Turner does an injustice to movie making with his colorization process. I also like the selection of the actors for this film. Both Alexander and Hartman give good performances and come off across as ordinary looking and yet are an attractive couple. Davis did seem to overact a bit in the role of the lead child but she is tolerable.
When looking at a film I like to be able to identify what era it was made in. Both the 47 and 73 are identifiable by the autos, clothes, toys and parade floats & balloons. While not alive in 47 I was a kid in 73 and it's nice to watch a film and be reminded of images from my own youth.
So, while it is true that the 73 version does not do better than the 47 version it does not flop either.
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