This is a fairly faithful (in concept) retelling of Edith Nesbit's moralistic children's classic, although the story is reset in the first world war period. This film is very gentle and occasionally moving to watch, although it is more amusing than laugh out loud funny (at least when Eddie Izzard isn't about). It's more 'The railway children' or 'The secret garden' than 'Spy Kids' (hardly surprising as Nesbit also wrote The Railway Children).
The stalwart British adult actor's Zoe Wannamaker and Kenneth Branagh are in good form and all the children are excellent and likable leads, particularly the young Freddie Highmore [now the new Charlie in Charlie & the Chocolate factory] and his tubby 'nasty cousin' Horace (Alexander Pownall) - although perhaps it might have been a little less cliched if their roles had been reversed. The wise & witty old sand fairy naturally steals all his scenes (and Eddy Izzard is really great as his voice). The only downside is the rather naff static dinosaur sequence, more than made up for though by the breathtaking Zeppelin scene (best viewed on the big screen). There are some other famous UK faces as well, including Norman Wisdom in a micro cameo. The film hasn't got the depth or historical accuracy of the three hour BBC's TV adaptation of the book from 1991, and is far less faithful to the book's plotline set in the earlier late Victorian/Edwardian period. However the film is quite acceptable fun and has the advantage that it can easily be viewed as a sequel to the superb BBC adaptation. The actual sequel to the book though is BBCs later 'all star' serialisation 'The Phoenix and the carpet', at present only available highly edited as a region 1 import 'Disney film' from Amazon resellers (and this DVD is also highly recommended - until the proper BBC region 2 DVD set appears).
On release, my 10 y old daughter and I chose this 'Five Children and it' film over Sharks Tale and didn't regret it. My daughter was absorbed throughout it (and cried a bit). My 8 y old son and mum really enjoyed this DVD later. So well worth couple of viewings on quiet winter Sundays.