This movie is my favorite ever. The scenery is beautiful, the acting is extraordinary, the narration is poetic. Babette's feast is not some "movie with a message" otherwise it wouldn't be any good. But it's so real and poignant that much truth can be seen in it, spiritual truth and insights which shed light onto human nature. The relationships are very natural and believable, but the style of narration keeps the story from any kind of overly-subjective viewpoint which infects many movies which delve into human relationships. The actions and conversations arise very naturally and advance the plot superbly.
Another thing which I love about the movie is that it reveals something about the nature of good, evil, grace and redemption. None of the acting characters in the movie are "evil"; however many are infected with smaller sins of pettiness, lack of generosity, glorying in the defeat of others, scrupulosity, jealousy, etc. This movie shows how these defects - small but many - have taken all the joy and pleasure out of life for those suffering under them and that to forgive and be forgiven is necessary to restore the joy of life. Grace, in this case the gift of Babette, is necessary to occasion the redemptive action.