Which battle was most important in the war in the Pacific?

With all of the many battles that occurred in the Pacific during World War II, it is difficult to point to just one as the most important. All the same, many observers point to the Battle of Midway, which took place in June of 1942, as the most important -- and with good reason. For it was at Midway that the Japanese offensive was first checked; at the same time, the Japanese navy suffered decisive losses from which it would never recover for the remainder of the war.