I bought this at the same time as Rainbow Brite as my kids (boys, aged 6 and 4) had been looking through some of my fabric and noticed that I had a couple of pieces of fabric with both Carebears and Rainbow Brite imprinted on them. The first thing they asked for when the DVDs came through the door was Carebears! So far they have managed to get through the first DVD twice, and look to not want to give up watching it yet.
They are certainly the episodes from the 80's, and while I've seen some, most of the episodes are unknown even to myself! Well worth the money and a dreary day that would usually have my two boys running around the house making all sorts of mischief.