Today Lost Horizon is most certainly an overrated classic. The nebulousness of its wish-fulfillment seems nave. All the misty-eyed presentiments of the High Lama come out as insipid and banal. Shangri-La itself looks less like Utopia or a Buddhist retreat than it does a chintzy Hollywood country club after the Art Deco designers have moved in. As with almost any work of Utopian fiction, it has the great dramatic problem that in a perfect and harmonious world there is a substantial lack of drama and internal conflict.
It is rather ponderous and slow going, yet there are times when Lost Horizon has moments of greatness. The initial escape, flight and rescue are excitingly directed. The final image of John Howard fighting through the snows to return to Shangri-La has the epic quality of someone struggling to regain a lost dream that are cinematically endearing. The film also has a reasonable cast, including Ronald Colman and Jane Wyatt, with Edward Everett Horton proving a scene stealer as the prissy-mannered, tetchy Lovett.
Most versions of Lost Horizon in existence today are the version that was re-edited for television, which is missing 25 minutes of the original 132 minute release print. The complete original print seems to be lost today. In the 1980s, a version was pieced together from various sources containing some of the lost footage as well as seven minutes of scenes that are represented by stills overlaid with the complete soundtrack.
The film was remade in colour as a musical as Lost Horizon (1973), a production that was widely regarded as a disaster of epic proportions. Shangri-La and its secrets of immortality also makes an appearance in Sky Captain and the World of Tomorrow (2004), The Mummy: Tomb of the Dragon Emperor (2008) and Killer Mountain (2011). The notion of the lost valley where people can rejuvenate/become immortal was also borrowed by Tarzans Magic Fountain (1949) and Star Trek: Insurrection (1998).
The notion of Shangri-La has become so widespread that there are a number of tourist locations in China, Tibet and Pakistan that lay claim to being the historical Shangri-La. In an episode of the British tv series In Search of Myths and Heroes (2005), historian Michael Wood made an effort to trace the historical basis of Shangri-La and claimed that the abandoned city of Tsaparang in Tibet was the real location.
Director Frank Capra became celebrated for his sentimental visions of the American heartland, as in films such as It Happened One Night (1934), Mr Deeds Goes to Town (1936) and Mr Smith Goes to Washington (1939). Capra ventured into genre material upon two other occasions with the Grand Guignol murder comedy Arsenic and Old Lace (1944) and the angelic-intervention classic Its a Wonderful Life (1946).