Yes, this is animation at its cheesiest, but I grew up with it and its still good to see it. I have a minor criticism of this release, compared with volume I. With volume I, you could skip the "vignettes" and other filler; however, with volume II, I've noticed that you can skip the intro and the first vignette, but then if you press skip again, it skips over the second and third segment of the story, to bring you to the closing filler (or some variation on this). So it seems there are some glitches here. The only safe way to skip the filler is to do a fast-forward, but I do miss the filler-skipping functionality of the first volume. As others have commented on volume I, there was no attempt to "clean up" or remaster the source material (owing to its "fragility"?) but to be fair, at least it is no worse than it was when presented on TV. With something this old, and let's be frank - catering to a very small niche-market - you feel grateful that they bothered putting it on dvd at all. Getting back to the animation - there are more flubs in this show than you can shake a stick at e.g. a voice coming out of the wrong character's mouth, errors in proportion, background art, (just to name a mere few) - but I think that is part of the charm of the show. Old-style cel animation, flubs and all, is far preferable (to me anyway) than computer-generated dreck witn no soul or artistry.
(Incidentally, I timed the various segments of one episode, and it turned out its about 50/50 in terms of content i.e. 15 minutes of filler, and 15 minutes of an original story - this may vary from episode to episode).