I'ma have to throw in my vote for the Kubrick version of
The Shining. It had atmosphere, great cinematography, decent character portrayal, a good cast (apart from Shelley Duvall playing Wendy), and a very eerie score. That movie was a veritable "nightmare generator" for me when I was a kid...
The TV version was just OK, but truer to the original story... which apparently didn't help it out much. :p