Pretty bad, but is nothing compared to the classic original
I used to watch this on television, I remember on Disney Channel at 8 years old and I really loved it and got the DVD. But I'm 11 and I sort of... grew out of it. I'm not that into it anymore. I think Return to Never Land is more for younger viewers despite its mild action and inappropriate behavior. Thus, it's not the worst sequel ever, but pretty much the worst Disney sequel so far. Almost close to Son of the Mask. It's just too 'kiddie' and it's very sad for older viewers to understand.
Also watched this when i was 4 or 5. Just as good as any Peter Pan movie i've seen. Just wish there was one about Margaret. " There's no such thing as faith and trust and pixie dust."