I saw this movie at the theaters when I was about 6 or 7 years old. I loved it then, and have recently come to own a VHS version.
My 4 and 6 year old children love this movie and have been asking again and again to watch it.
I have enjoyed watching it again too. Though I have to admit it is not as good on a little TV.
I do not have older children so I do not know what they would think of it.
The songs are very cute. My daughter keeps singing them over and over.
Hope this helps.