Richard Linklater's Boyhood is pure genius. Think about the commitment that 12 years on a project must bring. I've always enjoyed Linklater's films, especially Dazed and Confused and the "Before" series. This one brings him into a whole new level of auteurism. Watching the progression of the actors, especially Ellar Coltrane, is heartfelt and amazing. The story that is told is also wonderful.
It's truly stunning and that's why I think it's going to win Best Picture and Best Director.