Seven foot tall, steel toothed nemesis Jaws chases Bond around while Bond and Russian Agent triple X try to stop megalomaniac Stromberg, who is obsessed with life at sea, from starting a global war. All the while Triple X is bent on revenge of the murder of her lover who Bond had killed on a previous mission.
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The reason I think The Spy Who Loved Me was so successful was that they found a balance with Bond that they were aiming to get back since Goldfinger. Stromberg is a classic Bond megalomaniac and Jaws a menacing unstoppable nemesis to Bond. Moore feels more balanced even with playing Bond with a great sense of humor and seriousness.
Although it is over the top the film lends itself well to the world where Bond lives. Another great Bond car appears, the Lotus Esprit, that one ups the Aston Martin by turning into a submarine.
The relationship Bond has with his leading lady, Russian agent Triple X Anya Amasova, played by Barbara Bach is an interesting change. She is a rival to bond in all respects. License to kill, has her own gadgets and openly and willingly will betray bond to bring what information she needs to the KGB. It is the first time Bond is pitted with a female that is portrayed as an equal, or even better, to him. There are more to come, a new string of Bond girls where they are less objects to Bond which is a great thing and test to the times changing.
Part of the fun in this film is the on going battle between bond and Jaws, who becomes a classic Bond bad guy. How can Bond destroy an impossible enemy? He can't in this film, so he battles Jaws out of his way constantly throughout the movie to get to his main objectives. When the audience sees Jaws there is a sense of dread for Bond every time, because we never know when he is coming next, but he is always in the back of our minds that he will be there soon to try and kill Bond.
The Spy Who Loved Me is considered by most the best Roger Moore film. It is grandiose, flashy and action packed. Carly Simon's theme Nobody Does it Better is also a great song, but the questions about Bond using his license to kill without disregard to whom he is killing make the film deeper than some of the previous films. The fact that Bond takes away Amasova's lover is very powerful and she is forced to forgive him, because of the nature of their work. The one flaw in this film is that she sleeps with Bond anyway, which doesn't seem all that realistic, but Bond always gets the girl no matter what he has done.