While the 1999 version is receiving mixed reviews, this classic version with a star-studded cast is delightfully mischievous. Mickey Rooney, a very young boy, has never been better cast, nor delivered a better performance. And despite the dream sequences not always being clearly distinguished from real time motion, one catches on quickly enough. Everyone, even Dick Powell, delivers his lines mellifluously, something that cannot be said for the 1999 version. There's more energy and zeal, more mystery and charm, more color(though B&W) and clarity, despite its age. Remarkable performances under exellent direction work together to make the Bard sparkle, and the film enchant.