I'm going to start this review by stating a few things. Firstly, I know that this game is quite old and obviously isn't going to run perfectly on modern machines. I am also aware that this game will actually run perfectly for some people. My computer runs Windows 7 64-bit, so if you are running the same OS then be careful when buying this game. Finally, the game arrived perfectly and everything, I have no quibbles with the seller as it's not their fault that the game barely runs on modern machines.
To start with, the DirectX installation given on the disk is actually incomplete. When you try to install the game it will try to install DirectX and simply get stuck there. I left it going for a good half hour at first before realising something was up. The solution, by the way, is to go into task manager and manually end the DirectX installer process. The installer should then move on to the next stage. It took me 3 tries to get it to work however. The installation process is incredibly slow, it took about an hour and a half for me (in comparison, Crysis 2 installed in about 10 minutes from it's disk). When you actually install the game feel free to try and play it but it has a bunch of crashing bugs and most players cannot even progress past the first cutscene. To fix this you have to download the newest patch (search for it, or look on Rockstar's website) and install that. Once fully patched up and running the game works pretty much as normal, crashing on occasion but if you save every day it won't be a problem.
The game itself is great fun. You play as a schoolchild called Jimmy Hopkins and get up to all sorts of mischief. The game isn't really about being a 'bully', as you help people out and generally fight against the bullies. I'd recommend it, but only if you have the time and patience to get it to work.