We picked up the Mary Martin version of Peter Pan from a thrift store one day, and the next week my boys (ages 4 and 3) found this version at the library. For the past couple of weeks, they've alternated between the two versions every time they've gotten to watch a video, but this one is definitely their favorite. My older son is usually easily frightened by suspense and tension in movies and TV (he even hides his eyes while watching Charlie and Lola), but I think seeing the audience in this movie made the story seem less real to him and therefore less scary. Both boys love the music and dancing, which gets them up and moving instead of watching the movie like couch potatoes. One downside I have noticed is that my boys play-fight more since I let them watch this.