E.T. the Extra-Terrestrial
(Steven Spielberg 1982)
Some movies are best left in the past where they live with fond memories & rosy accolades...and for me that movie is E.T. the Extra-Terrestrial.
I watched this first run at the movie theater and like most people who saw it back in 1982 I really liked it. Then a few years ago I decided to re-visit this old favorite, only I found out I no longer cared for it.
I'm sorry that you didn't like
E.T.. Sadly, it sounds like you're just reading too much into it. For me, it's the type of movie that you need to just sit back and enjoy, without picking it all apart. (But I feel that way about most movies, not just this movie. Movies should be enjoyed, not dissected. )
So I watched this yet again last night. If anything my opinion solidified that this is Spielberg's cash cow...The product placements in the film are heavy and so is the syrupy sentimentally. I like sentimentally when a movie earns it, here the overpowering score and Spielberg's close up reaction shots, tells the audience just what they should feel. I couldn't escape the duel feeling that I was being manipulated by the movie and that the film existed to sell products.
The only product placement that stands out for me are a couple of products that help to move the story along. The Reese's Pieces, (which were supposed to be M&M's, but they turned down the request to be used in the movie), were used to lure E.T. into Elliot's room, and the Speak & Spell was used to teach him how to talk.
If you want to see a movie with way too many product placements in it, watch
Return of the Killer Tomatoes.
I did like the movie at times, but never bought into the story, too many plot holes. First we have intelligent aliens who can build a spaceship and travel from a nearby star system. They're apparently xenophobic because as soon as humans arrive they flee. They flee so quickly that they leave behind a crewman. If they're so scared of first contact then why land in a patch of woods right by one of the largest cities in the world? Maybe the aliens could've just shut off some of those bright lights that make their ship lite up like a Christmas tree.
Maybe they didn't have a map?
So then E.T. is separated and alone, does he hide in the woods waiting to be rescued, no he heads down to a housing area where 1000s of people are. But you know E.T. has the power to levitate himself high off the ground, so why didn't the ship just hoover in the air and he could have safely floated up to it? Hmm?
He probably went down into the town because he was looking for food and shelter until he was rescued.
Dee Wallace was good in this, but she's one bad movie mom! She lets underage teens smoke in her house. She then leaves a grade school age Elliott home alone when she believes he has a fever. And at one point she even leaves little Gertie, who's about 4 years old home. I'm calling child protection services and reporting her

Many of Spielberg's movies feature families that are broken in some way, and the parents are shown as the cause of the problem, and we see the effects of it on the children.
Oh, the main theme of the movie is E.T. Phone Home...we hear that over and over E.T. Phone Home. E.T. Phone Home....But wait! don't the other aliens in the spaceship already know that E.T. is stuck on Earth??? Yes this is clearly a fantasy, cause as sci fi it just doesn't work.
I always assumed that E.T. is trying to contact the other aliens because they don't know that they left him behind. That's why he has to find a way to tell them to come back for him.
The two kid actors: Henry Thomas (Elliot) & Drew Barrymore (Gertie) were good, though Elliott gave me a headache in the living room/IC unit, when he's screeching at the doctors to stop.
Little Drew Barrymore had the best lines, especially when she first meets E.T. and screams...and he screams....and she screams again and again. That was a funny moment, and she had others too. But those moments were too few and too far between to hold my interest.
It's a shame that you didn't find enough of those moments in the movie. For me, they were throughout the movie, all the way through until I cried at the end.