I don't think it's possible to cite a single movie as "the last classic Hollywood type movie" where its focus was entertainment and had movie magic feel to it, but I do think you could make a general list.
Some I'd throw out there for me are Mask of Zorro (1998), the Transporter (2002), the first two Harry Potter films.
What about you guy's. What's your personal list of movies that were sort of the last of that era where movies felt like movies and had something special to them?
I think 2004 is the year that big budget action & thriller movies noticeably became completely unwatchable, though it was trending that way as far back as 98/99.
Transporter is an ok example, but compare The Bourne Identity to the other movies in the series to see more clearly what I mean.
Black Hawk Down, Red Dragon, The Count of Monte Cristo (2002) are some other notable "end of an era" type movies
I put Transporter because it was like the Jean-Claude 90s films in a way, and was one of the last times you saw a movie that "simple" get a theatrical release. Action movies had to be like Bourne from then on out as you mentioned. And agreed about Bourne. The first one is the only one I kind of like, but I don't love it. The others are unwatchable to me.
The first one had some of that early 2000s style, complete with Moby in the soundtrack.
The rest were shaky cam, constant quick cuts even in dialogue scenes, and devoid of charm.
Gotcha. For that type of movie past the early 2000's you have to look low budget, e.g. Crank