Part of the appeal of this movie, based on the memoirs of humorist Jean Shepard (who narrates), is the authenticity of the period detail, much of which will seem bizarre to kids today. But what is really engaging is his feel for the timeless details of childhood. Today's kids may not have Ralphie's exquisitely calibrated system of dares and double-dog dares, but they will have some equivalent that is just as thoroughly understood and immutable in their own schoolyard community. And they will have a bully to deal with, something sent away for with box-tops to haunt the mailbox for, a sibling to be annoyed by, an essay to dream of impressing the teacher with, the adult world to try to figure out, and, most of all, some magic dream of the ultimate Christmas present to hope for beyond all reason.
This is a nice antidote to all those Christmas television specials with perfectly harmonized carols and perfectly wrapped gifts. Because people tend to get so obsessive about every single detail at Christmas, the last scene of this movie, when the family's Christmas dinner is exactly the opposite of what they had planned, is especially sweet. Their reaction, seeing it not as a disappointment but as a delightful and funny adventure to enjoy remembering in future Christmases, is a lesson for all families.