I have been going back through and re-watching the Top 10 Animated Movies (as according to AFI) and reviewing them for my list (http://dinojim.com/Cultural/Movies/10Top10.html).
The current film I am re-watching is Shrek.
If I had to peg Shrek down to one word, it would be "clever". Shrek manages to mock and satirize most of the fairy tales and Disney movies throughout the movie, yet none of it feels stale. The jokes are fresh and funny. I found myself laughing through most of the movie, which is a big deal on this list, since no other animated movie is really a straight up comedy. Toy Story being the only other movie close to a straight up comedy. Shrek is also the only non-Disney property on all of the Top 10 Animated Movies list (although Toy Story was not strictly a Disney production, it is generally considered a Disney movie), which may be a reason it is on the list at all. The graphics throughout Shrek are fantastic, as one would expect. With it really noticeable in the landscapes and the flowers. I found those, more than anything, really captured the level of quality that the movie was capable of. The real question is, is this worthy of being in the Top 10 Animated Movies of all time list? As one of the first Dreamworks movies, and the first of their movies to launch a multi-hundred million dollar franchise, it is very good. Perhaps at a level Dreamworks never achieved again. The problem with the Shrek franchise is that I felt the following movies sullied the Shrek name, of which I don't think I ever even got past the third one. But, as a standalone film, I think Shrek could be associated with these best of the best animated movies. It definitely is one of the best non-Disney movies ever made, however I think there are some other Pixar movies that would surpass this in my opinion. Overall, I think it is very funny and quite on point with it's satirizing of Disney movies, but I don't feel very strongly about it's placement on this list. It was likely added just so the list wasn't 100% Disney.