My 2 and a half year old loves this DVD. She has had the original Olivia book, and we've read it to her since she was very young, so perhaps that's part of the reason she's so into this movie. If she has a choice, this is the DVD she picks to watch.
There are "commercials" for other Nick shows at the beginning of the DVD. You can't go straight to the menu; however, if you press the Next Chapter button 5 or 6 times, it will very quickly skip right through all of them.