In my opinion, and it's just my opinion, I think that Octopussy is the most well-rounded of all of the Moore films, in addition to being "fun". It has all of the following Bondian elements to it:
- A great John Barry soundtrack, one of the better Bond scores, IMHO
- A nice romantic title theme song
- A entertaining pre-title sequence
- A perfect blend of Bondian wits with gadgetry, without one overpowering the other
- A perfect blend of over-the-top and conservative Bond villains in Kamal Khan and General Orlov
- A lot of humor and funny moments that work well and aren't forced. When we saw it in 1983 in the movie theatres, everyone had a great laugh!
- Maud Adams, looking hotter than ever as Octopussy, as a smart yet vulnerable Bond girl.
- Roger Moore, who blended seriousness with light-heartedness as 007 to great effect in this film. He was well-rounded in this film as well.
Now, mind you, this is not my favorite Bond film (Moonraker will always have that title), but I think that it is one of the Moore Bond films where everything was in sync.
Nice summary.