Capsule reviews of films playing the week of Nov. 10 

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INCEPTION Christopher Nolan's first film since the eye-popping success of The Dark Knight is a moviegoing marvel with the ability to get cineastes intoxicated on the pure pleasure and the pure possibility of the medium of film. Offering any sort of synopsis is a risky business, since this is one of those pretzel-shaped pictures that rewards the unaware. Suffice it to say that it's set in what appears to be the near future, when it will be possible to enter other people's dreams. Dom Cobb (Leonardo DiCaprio) is the best in the business of creeping into targets' minds and extracting valuable secrets for which others will pay a hefty price. But his latest assignment doesn't go exactly as planned. Tackling such prominent themes as (to borrow from dream expert Salvador Dali) the persistence of memory, Nolan has created a head-scratching one-of-a-kind that's both knotty enough and ambiguous enough to lead to conflicting opinions down the years. Nolan also slyly borrows from the classics of yesteryear, with particularly obvious nods to 2001: A Space Odyssey, Citizen Kane and select Hitchcock titles. It all adds up to a superb motion picture, one with the ability to infiltrate both our dream state and our waking life. ****

THE LAST EXORCISM The prospect of journeying to Hell and back seemed less daunting than sitting through another horror yarn made in the faux-documentary style of The Blair Witch Project, but this one proves to be a pleasant surprise. Director Daniel Stamm uses the fake cinema verite style to milk a lot of tension out of this feature in which the disillusioned Reverend Cotton Marcus (Patrick Fabian) takes along a documentary crew to perform an exorcism in some remote Louisiana hellhole, to prove that exorcisms are bogus and merely prey upon the superstitions of rubes. Cotton thinks he's found a perfect showcase as devout farmer Louis Sweetzer (Louis Herthum) insists that his sweet teenage daughter Nell (Ashley Bell) is demonically possessed. After some initial scoffing, Cotton realizes that there is indeed something wrong with the girl, but is it merely psychological trauma or is Satan really hanging around? Propelled by unexceptionally fine performances from Fabian and Bell, this creepy yarn builds to a powerhouse ending that would be even stronger were it not so choppy and truncated. In fact, too many unanswered questions prevent this movie from soaring to even greater heights. Still, as a deftly executed piece of unsettling cinema, it's only fair to give Daniel Stamm — and the devil — their due. ***

MY SOUL TO TAKE The best thing about this dud is that it may force folks to revisit Wes Craven's past works and finally realize that he's always been nothing more than a hack in the horror field, a Uwe Boll with a better sense of where to place the camera. (Forget Scream and Freddy Krueger; Red Eye and The Hills Have Eyes, neither great but both certainly watchable, represent his apex of aptitude.) In this head-smackingly stupid film, seven children are born on the same night that a serial killer known as the Ripper is brought down. Sixteen years later, the kids are being picked off one by one, begging the question: Is the Ripper still out there somewhere, or did his soul enter one of the babies on that fateful night long ago? To his credit, Craven keeps his rampant misogyny in check — in most of his films, it's the victimized women who receive the fetishistic close-ups and elongated death scenes, but here, each slaying (male and female) is as dully and incompetently presented as the next. His screenplay is so haphazard that one wonders if he was writing pages minutes before each day's shooting commenced; additionally, there are no horror set-pieces worth mentioning, and Craven's stock high school characters would have made John Hughes cringe. It all adds up to a soul-crushing waste of time. *

NANNY MCPHEE RETURNS Considering that 2005's Nanny McPhee hasn't exactly established itself on this side of the Atlantic as a family classic, there's nothing about the title Nanny McPhee Returns to suggest that this sequel will fare any better. Perhaps Universal Pictures would have been wise to keep the film's original British moniker, Nanny McPhee and the Big Bang, in the hopes that a few ill-informed folks stateside would mistake it for a softcore romp and hand over their hard-earned dollars. Certainly, this children's tale could use more bang for the filmgoer's buck, relating an occasionally clever but often daft yarn about the efforts of the title character (again played by Emma Thompson) to help a struggling mother (Maggie Gyllenhaal, affecting a fine English accent) with her brood while her husband's off fighting in World War II. The children are all well-cast, but this overdoses on the saccharine: Watching CGI critters do supposedly cute things (a bird constantly belching, pigs engaging in synchronized swimming) isn't exactly my cup of tea — English Breakfast, English Afternoon, or otherwise. **