yes unbelievable may be  musical academy award best picture  third musical win award fiveyear period first fair lady  sound music  difference fair lady sound music oliver however oliver immeasurably better comparison first two movies insipid wet noodles compared remarkably robust oliver acting great songs great story great dancing great movie dynamic topical relevant human experience unlike overblown gangs new york oliver offers portrayal poverty th century london england evokes sympathy without condescending oliver reed great actor proves oliver actors actresses especially ron moody shani wallis equally wonderful offer powerful portrayals characters evoke sympathy warmth without caricatures