The Ice Storm is like ''The Brady Bunch'' scripted by John Cheever. In Ang Lee's somberly seductive version of the Rick Moody novel, the old WASP alienation is dressed up in a fantastic re-creation of the funky, Formica '70s Watergate and porno chic, Frank Zappa, bongs, and wife-swapping ''key parties.'' The all-American angst feels fresh, almost pixilated. Kevin Kline is sweetly befuddled as a good man caught between two worlds, and Sigourney Weaver, as a hard-bitten sexy adulteress, makes her wit sting. Christina Ricci creates the film's most layered character, a TV-generation nihilist secretly addicted to the sanctuary of her lost girlhood. B+


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