Why wouldnt it hold up?? Its the timeless story people seem to love with great production values. No brainer classic.
Well, it's a fair question. Style, design, production values, and so forth, can date a film pretty quickly.
Matrix already came up in this thread. I recently watched it again and was amazed at how bad it was. A big bag of pseudo-philosophical hot air. And the style and design... I couldn't stop cringing at those uber-serious guys with sunglasses in the dark and their leather outfits. Oh boy. But back then, I could be quoted saying "It's a piece of art!" No it isn't, it really is ridiculously stupid trash.