This is not set in the "Superman" universe, it's in a world with anthropomorphic dogs. Instead of Clark Kent, you meet Bark Bent. The plot is very simple, the criminal Professor Sheepdip escapes from jail and hatches out a plan to attack Bent and the others working at the Daily Bugle newspaper (yes, the same name later used in Spider-man).
It is a pilot of a show that was never picked up, and many people seem quite happy that it didn't. While the show is obviously flawed, I think it could have worked perfectly fine for the youngest children, which the show was made for. The costumes are quite great, and while most of the acting work is done by the dubbed voices, the voices work quite well. Most of the gags would most likely please young children, like the henchman hiding in the clock asking the victim for a light for the fuse of the bomb. The little "Terry Bite" character is also helpful in guiding you through the story (and also fix a continuity error).
One weird choice I have to point out is the explosion stock footage used, as it seems a bit dark for a children's show. It's also odd that everything seems to happen in the dessert.
For kids who are a bit older, deconstructing the special effects might be fun as well. I know I would have enjoyed that when I was younger.