Movies are only ruined if you let them be ruined in your own mind. Star Wars isn't ruined for me yet, not by a long shot.

It takes several years to view most blockbusters in perspective once they are removed from the hype and mania. The Matrix is a fun SciFi flick, with some Kung Fu and fortune cookie wisdom tossed into the mix. Like Star Wars, it borrowed from other works. (It's no secret the Wachowskis were influenced by "Ghost in the Shell".) Technology wise, it built on the FX that had come before. There was proto bullet time FX in movies and a couple tv ads before Neo ever faced down an Agent.