Is there anything more to say? Hans Riemer's busts the film critic that thinks Schindler's List is too intense for his eighteen year old son to see. Media Matters has the exchange here.
A point on Medved. Most of his arguments against Hollywood deal with Mel Gibson's "Passion" and box office revenue. If the movie grosses a lot of money its good, that's why the "Passion" in his argument is a great film and Hollywood has no values because they nixed the film originally, which in it's initial inception was not going to have subtitles.
As a film critic you would expect him to know how most films get made. A friend who wrote various hit comedies in the 80s, and wrote for TV in the nineties described the movie business this way. "It's the producers job to say no," I said, " What does that mean?" He said, "If a producer says yes to any project and it fails, he or she will lose their job, plain and simple. So they almost always choose the "no" route regardless of what type of film it is."