I've watched Jurassic Park probably 100 times (and read the book a few times), and I would absolutely agree with Erick that Godzilla is the best movie of this genre since then. Is it close to Jurassic Park? Probably not, but most movies of this genre in the past twenty years haven't fared all that well, so Godzilla doesn't have a ton of competition.
The Lost World was disappointing, Jurassic Park 3 was laughable, Super 8 was good, Pacific Rim was so-so, Godzilla 1998 stunk, Cloverfield was okay I suppose, King Kong looked good; but was too long, Monsters was interesting, The Host was actually really fun, and The Mist which is probably my favorite of the bunch prior to Godzilla. So not really a ton of competition when you think about it.
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