In this quote, Woody Allen reflects on a past romantic relationship, acknowledging that while he has deep feelings for the person involved, he is not currently in love with her. He emphasizes that she will always hold significance in his life, indicating that their memories and connection are meaningful to him.
However, he points out that despite the importance of their bond, the relationship itself was not functioning effectively. This suggests a recognition of the complexities of love and the idea that sometimes, even significant connections cannot sustain a successful partnership.