We just watched it (bringing our total to 7/10 of the Best Picture nominees!)
It wasn't my favorite of the nominees, but that comes down to personal taste. It was good enough that I can't argue with its victory. Sure I found 127 hours more powerful, and Social Network a more interesting story. But King's Speech told a great story, with great personalities, while doing a good job of painting a picture of the culture of the British monarchy and the specific politics of the time without distracting from the strength of the character piece. All things the make it well qualified to win the prize.
And yes, HBC was great, and underutilized.
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'He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.'
-TJ
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