By Tom Sinclair
December 21, 1999 at 05:00 AM EST

BUENA VISTA SOCIAL CLUB (1999, Artisan, 105 mins., G, also on DVD)Directed by Wim Wenders, this lively and colorful flick reunites American guitar whiz Ry Cooder with the venerable Cuban musicians behind 1997’s eponymous Grammy-winning album. The musical performances are wonderful, but the real treat is hearing these elder statesmen (including Compay Segundo, still spry and natty at 91) reminisce about their early lives and the Havana of yesteryear.

Reel Goodies The Club members’ delight at finding themselves in midtown Manhattan for their first (and last) Carnegie Hall concert is as poignant as any of the love songs Ibrahim Ferrer sings. The Last Detail Cooder came to Latin music late in life; back in the ’60s, he played with both the Rolling Stones and dada-blues loonies Captain Beefheart and his Magic Band. A