On its release, the film was extremely controversial for its unprecedented violence--an honor which has since gone on to Sam Peckinpah's The Wild Bunch, and then to other, even more graphically violent (but largely forgotten) films. Bonnie and Clyde was innovative in its character's gunshots--the "squibs" commonly used today, where a charge causes a small bag of red liquid to explode out of the clothes, were invented for the movie.
Estelle Parsons won an Academy Award for Best Supporting Actress for her role in the film, and Burnett Guffey won an Academy Award for Best Cinematography for his work in the film. The film is #27 on the American Film Institute's 100 Years, 100 Movies, #13 on its list of 100 American thrillers, and #65 on its list of 100 American romances. The film has been selected for preservation in the United States National Film Registry.