Used to refer to the technical skill shown as being demonstrated in a particular motion picture, or as a blanket term in reference to the art of filmmaking itself.
Person 1: Just last week I happened to see Universal Soldier: Regeneration, starring Jean-Claude Van Damme.
Person 2: You don't say. How was it?
Person 1: As a matter of fact, utterly delightful. The Filmatism on display was truly exemplary. I doff my cap to all involved.
Person 2: Spiffing.
Person 1: Quite.