A movie I think is a good representation of reality is the Paranormal Activity franchise. It gives people a good scare when a movie or clip is shot with a hand held camera rather then a big fancy film camera. As well as the footage being shown in the early '80's. It gives the viewer a sense of realism and connection with the character that an simple actor can not achieve.One scene from paranormal activity 3 is an in particularly good example of realism. The camera is set on a fan and is set to route from side to side around the room. The viewer does not know what they will see next and is compelled to watch. Its an average contraption that someone would set up to move the camera when they are not there. which makes it a good example.
http://www.youtube.com/watch?v=M35PhA9NDek