This is a pure comedy, so the story isn't really a focus in any way, but let's cover everything:
Storyline wise, Akazukin Chacha, or "Little Red Riding-Hood" Chacha, is decent at best. Over the course of the series itself, it attempts to construe a vague, generic demon-king versus royal family/heroes of the land type of story. And it does a very good job of achieving what it set out to do, which is to both have an excuse to fight enemies over the course of the show, and to cause conflict during the episodes, giving the characters something to react to. - 4
Art in the show is arguably pretty good for the date and presumable budget. It takes a lot of money to make animation, and it's artwork is at a far better level of quality than some more popular anime that came out even a year or two later. (Detective Conan, for example). And it's about equal to others, like Dragonball.
That said, it's nothing special. They did a very good job at distinguishing characters, but really they only animated the ones from the manga. It's obvious they made a good effort for comedic impact, though. Who can forget Principal Urara's eyes? - 6
For sound, we have some adequate background music, nothing too memorable. It plays in the correct moments and doesn't feel contrived, so there's that. There are also the highlights like the "Team Theme" and the "Panda Song". The opening and ending songs are another story, and are excellent pieces of music. Both the opening, which never changes, and the latter two endings are catchy, fun and upbeat, all in a good way, just like the show's tone. The second ending is especially good, and extremely catchy, definitely worth listening to on an MP3 player. - 7
The characters are a strong point of this anime. You have the blunt, selfish and frankly "beepy" (Think Ayumi from Conan or Hikase from Nichijou) Chacha herself, who the show would suffer a lot from without. Though that would go for most show's main characters, heh. Her lines, reactions, blunt and selfish verbal assaults are honestly some of the funniest parts of the show. If you don't like her, which I find really hard to believe, (maybe you just don't understand how she is and think she's coming off as annoying? I pity you if so), chances are you won't like the rest of the show.
The brave, always hungry and a little dense, werewolf Riiya. His voice actor (someone from a boy band) did a great job, and suited him like no one else ever could have, making him sound at varying times energetic, a little slow on the uptake, lazy, cowardly, and bold.
The wizard in training, the good boy Shiine-chan. (Soujiro and Sera Masumi in the Kenshin and Conan anime series, respectively), is always hilarious. From his vain attempts to show off in hopes of impressing Chacha, his love for work and study, his secret perverted ways, and his adorably-embarrassed side, you'll probably come to like Shiine-chan.
Then there's Seravy-sama, the greatest wizard in the world. He's humorously superior, lacks common sense sometimes, and has a big thing for blonde curly hair and his favorite doll, which might actually be alive, Lizbeth.
From his "just-passing-through" disguises ("I'm only a just-passing-through master pastry chef!"), to his slightly negligent but mostly responsible upbringing of Chacha, and the way they fit each other like a glove, he's a very likable, enjoyable character that'll have you laughing along with his antics.
The rest of the characters, Yakko, Marin, Orin, Rascal-sensei (Kindaichi from Kindaichi Case Files), are all characterized well and have matching seiyuu. In fact, I can't think of one seiyuu that doesn't fit their role perfectly, and they all seemed to have fun with the show, too, which is another pro. The crew got lucky with the cast, for sure. - 8
The real enjoyment are the jokes. There's slapstick humor, sure, and plenty of it, but the most hilarious part is the interactions between the characters and the way they react to things. If seeing Chacha tear up because Riiya accidentally called her a fool, and then in the next episode turn around and insult both of her friends like it was perfectly natural like the comicly selfish person she is, or watching kids get drunk and summoning a bunny-dragon to take down the bad guys, or finding out Chacha can rewind and playback memories in slow motion (that was a classic), is not your idea of humor, then the show probably isn't for you.
If it is, though, you'll find it absolutely hilarious, because it does an outstanding job at that specific type of humor. - 10
Overall I give this series an 8.
