My personal favorite out of all the Star Trek films. It has an excellent story, great action, great acting and lots of borg. It's never cheesy, never boring and it delivers. It remains to be seen if any Trek film can match it.
definitely the best of the Next Generation movies.
just like wrath of khan, it ties into the history of the show. It's nice when they (the writers) take something that was mentioned previously in an episode and just go off with it.
Also like Khan, it references Moby Dick.
watching Deanna Troi get drunk has always been one of my favorite moments of this film.