A highly enjoyable made-for-TV version of the story. The subtle costumes and understated acting are perfectly suited to the subject. Toad's frivolous and irresponsible behavior are well-captured, though I found him more childish than anything else.
There are undertones of class separation and hints of the poverty of some of the characters that I found touching, and will go over the heads of many children, which to me is a plus.
Bob Hoskins' Badger is a delight, and I have a soft spot for Mary Walsh, no matter how large or small the part she's in. The British and Canadian actors all bring their considerable talent to the table, despite the fact that most of them are relatively unknown (at least to the best of my knowledge).
All-in-all, well worth renting or downloading, if you want a simple family movie for the holidays, or just a family movie night.