From an art point of view, The Talented Mr. Ripley is a fantastic movie. A riveting, though creepy story well executed with a fantastically skilled cast.
However, there are some notably creepy scenes (Tom tries to sleep upon Dickies chest, as well as trying to have a bath with him) which may cause younger viewers to become... well, not scared but creeped out. There is a total of three murders, with two of them being bludgeons and one the throttling of a man. It should be noted that the movie is effectively decided in half: the first is quite slow, however the second is much faster paced.
Overall, an interesting study into the makings of a person, success, desire, identity and deceit.