Watched Emma the other evening. Somehow it doesn’t compare with Ang Lee’s Sense and Sensibility. I think it comes down to the script and direction.  Emma Thompson’s script and Ang Lee’s direction in Sense and Sensibility somehow retained the seriousness, depth and beauty of Austen’s original.

The film version of Emma just didn’t come up to the same standard. It was entertaining enough, but we didn’t see the deeper emotions, the more subtle relationships and affection between the characters. 
It’s not a bad version of Austen’s greatest novel, but it is pretty rather than beautiful.