The last of the good old-fashioned "fun" Bond films, actually.
Just to expand on that on a little, a strong streak of miserablism entered the series with the Dalton era and never really went away. A VIEW TO A KILL was the last film in which we had a Bond not tormented by "his demons" and/or embarking on a "personal" mission. I really wish we could once again see a Bond flick in the MAN WITH THE GOLDEN GUN/SPY WHO LOVED ME/MOONRAKER/OCTOPUSSY/AVTAK vein, but I somehow doubt we ever will.
So now it's 25 years since AVTAK...
The film, despite its flaws, is hugely nostalgic for me. I was not yet fourteen in May, 1985 so it's the last Bond film of my childhood. One of my friends was obsessed with Max Zorin. This friend of mine played that Duran Duran song constantly that Summer and eveyrthing was "Max Zorin this/Max Zorin that", anything Christopher Walken did after AVTAK invariably got compared to his work here.
My friends and I saw AVTAK in the theatre three times and just loved it. Never noticed Moore being too old; it was just Roger as Bond, like it always was during most of our lives. But I think we liked the non-Bond elements of the film best: Max Zorin's castle, his vast empire, Sir Godfrey Tibbets, John Barry's score and Zorin's ever-increasing insanity. And Grace Jones, while off-putting at first, was actually rather good!