Boudu Saved From Drowning is a French film from 1932 and is directed by Jean Renoir.
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Bright Lights Film Journal reviews the Criterion release. The Oldest Established Really Important Film Club selected this, and the discussion can be read here. Slant Magazine has a review.
12/18/2009: Filmsquish ends by saying, "Explain to me again why I needed to see this before I died? Just because it's Renoir? Please!"