Ponyo on the Cliff by the Sea
I think I loved this. I was really expecting for it to be minor Miyazaki, but it's yet another imaginative and magical world he has created with all the joy and excitement of his best. The story is very strange and not as strong as those others, so it's not quite up there, but close. I couldn't get over how spectacular some of the sequences are. The animation and design is gorgeous, but that I at least expected.