Best Picture : The Hurt Locker - This is another exercise in tension and well made at that, but I find this to be a rather unimpressive victor for Best Picture. I thought that Ingourious Basterds was a far better achievement than this film, but alas, it took home Oscar gold.
Biggest Box Office : Avatar - For 10 years this film would hold the top Box Office (until it was dethroned by the fourth Avengers outting...and the seventh Star Wars outting four years prior in the states). This film was a firmly experiential immersion into another world and it captivated audiences. But what it offers in technical achievements, it rather lacks in the story department. The plot is a space centered reworking of the 'white savior' narrative and is rather abrasive at that. I will say that James Cameron knows how to make a movie that entertains and moves at a brisk pace, so it is ever watchable and I don't think its flawed (and regressive) narrative approach makes for a straight up bad film as some people argue. The correct word would be disappointed, not bad. One would hope that the sequels will offer improvement in this area but as Cameron seems to be hellbent at being stuck in his ways (that of his heyday of the late 80's/early 90's) that seems unlikely. I will add, though, that Zoe Saldana's exquisite performance was robbed of Oscar recognition. She is phenomenal and worth the viewing alone.