I just got done watching the Special Edition of Independence Day. This is truly a sci-fi classic. I consider it one of those movies that doesn't break a whole lot of new ground, story-wise, but which perfectly executes a specific genre or story arc.
I think it really holds up over time. But then, it doesn't hurt that Bill Pullman, Will Smith, and Jeff Goldblum are all totally hot in it.
I enjoyed a lot of the new material. Having seen the movie several times, I recognized most of it. Just for example, there was a sub-plot with Russell Casse (Randy Quaid) and his children, a sequence with Jasmine (Viveca Fox) making her way to El Toro AFB, and the global coordination of the final airstrike.
Best of all, they at least attempted to explain how David Levinson (Goldblum) could hack into alien computers.