The film succeeds on many levels, but doesn't quite touch the heights of greatness of the titular director.
(This review contains spoilers for Psycho)
Alfred Hitchcock is still today the master of cinematic suspense. For the most part his films still hold up; I watched The Birds for the first time this week, and was enthralled at how such an admittedly silly premise could be turned into such a nail-biter. True, there were some awfully outdated "yellowscreen" effects, and times have certainly changed since the 1960s, but considering films like The Happening are made to this day, it's a wonder how well it holds up.
Psycho even more so. Psycho is perhaps most closely associated with the director today, but in 1960 when the film was in production it was considered a risky project, so different it was from Hitchcock's other works. The studio refused to fund and market it, the censors refused to approve it, and when it was released it was met with middling reviews. Since then, however, it has become most beloved by critics, with near universal acclaim. The film is considered both the genesis and the apex of the slasher/horror genre.
