Is Jaws the perfect film?

Ever since I was little I've always thought that Jaws was a great movie, but as get older, and the more I see it, I continue to feel more and more like it's basically what film is meant to be.

For those of you who love it as much as I do, what draws you to it? Why is it so good? For those of you who don't love it, what faults do you see?

Maybe my nostalgia glasses are making me miss some flaw, but I don't see any. I always want to understand both sides of something, but this is one where if people don't like it, I just don't understand how.