This is a wonderful film. The BFI have got their act together and made a new print, so finally I get to se this - and to be honest I preferred it to La Dolce Vita (despite absence of Mastrionni - sexiest man in history of cinema). Anyway, some of these scenes were just breath-takingly beautiful, especially the aftermath of the carnival, where Angelo looks drunkenly at the clowns (about to become a key Fellini motif). What especially impressed was the soundtrack, which lurched from a fairly typical 'melodrama' score to brilliant use of natural sound, especially the cold wind whipping around the streets off the sea. This sound adds pathos, and helps you understand that sandra and Faustos' 'happy end' is merely temporary: this is a desolate place which makes for desolate lives. It differs from neo-realist classics such as Bicycle Thieves in that it places malaise into the spiritual and emotional realm rather than the financial, although you still get some sense that the boys' economic hardship is maybe not entirely voluntary. Really genuienely enjoyable on your first watch, something I don't think you can say about all Fellini's films, beautifully shot and wonderfully paced, you feel as if you have witnessed a little miracle watching this film.