Not seen it yet, but if you like Spielberg movies, in particular Close Encounters or ET, then yes, you should like it, because he produced it and the director intended it to be a homage to that kind of cinema.
Not my favorite movie of the year like Sam, but it's certainly worth watching.
I am embarrassed to say that Close Encounters is one of the movies I have never seen yet.
I haven't seen Close Encounters of the Third Kind either.