I just caught this movie during TCM's Edward G Robinson marathon. It may not be a "classic", but I found this film to be entertaining and well written/directed. It's the sort of gangster movie that is light and simple enough that you don't have to pay much attention to it -- you can be doing other things while you're watching the movie and still be able to follow the plot. Just suspend belief for a while -- some of his tactics wouldn't be exactly tolerated in real life -- he would be disbarred and arrested! Also, I had a hard time buying EGR as a pipe-smoking, ivy-league, absent-minded professor; still, I found his performance engaging and enjoyable. This movie has lots of pretty people, wearing expensive clothes, in opulent settings, so that aspect of it is pleasant to watch. Unlike most "formula" gangster flicks, the ending is especially satisfying and may in fact be the best part of this movie.