There are really just a handful of Christmas movies threat are worthwhile. This is the true classic, better than any of the remakes. To me, its not Christmas until I see Its a Wonderful Life, and this movie.
Do yourself a favor, ignore all the remakes and watch this. Edmund Gwynne makes you want to really believe he is Santa. Great roles by Maureen O'Hara ( whom I could watch all day anyway), and Natalie Wood. Combines love elements, a pointed commentary on faith, humor, and a little bit of suspense ( not much, but enough to make it fun). Detractors would say it is predictable and I cannot argue with that, but I also believe that it is part of the magic of the film.