I've seen this film at least 10 times; from first watching, I had such a strong emotional response, and loved it so greatly, that I was unable to understand how anyone could not love it.
It's been 4 or 5 years since I've seen Magnolia. For the first time I saw its faults. I still love it very deeply. I still think it's brilliant. I still cried. But there are moments that are a little too much.
But there's so much perfection. The music, the score, is perfection. The humor is perfection. The characters and the editing and the cinematography and Philip Seymour Hoffman and Big Earl Partridge's monologue are all perfection.