Alright, I can't exactly rate this fairly. This was considered the second anime in history, while the first being "Imokawa Mukuzo Genkanban no Maki."
This anime was made in 1945, when at that time they still didn't know much about colored film. So, for this anime, I'm not going to give it one of those complicated reviews, since it wouldn't be fair when I'm comparing it to anime in this decade.
It doesn't have good animation style, yet what do you expect. The animation style was creepy, but I can see why. It has an old school plot to it, very original.
The highlight, I'd have to say,
was the music. It had very nice music incorporated in the movie.
Overall, I can't really rate it. Not many people are going to want to watch this. If you ARE planning on watching it, however, then I can give you a few useful tips.
If you like poor, black and white animation style, then this is for you. Along with simple movements. If you like old school music, and louder than needed sound effects, then here you go. I can't really say anything more than that. I know this review might not have been that helpful, but it's the best I can give you for this particular anime.