It's forgettable but at least they brought back as many of the original voice talent as they could. It's Mickey Rooney's last time playing Santa so it's worth a watch if you are a fan of him or stop motion.
Pardon me if I don't remember the plot perfectly, but let me say what I remember. The fighting between the Miser Brothers is nothing more than normal sibling rivalry. And they all work things out in the end. What's more, kids who think that Christmas is white (or should be white) everywhere will learn that nothing can be further from the truth. The only thing that I'd change is that the North Wind's evil deeds should've been "exposed".