Anywhere between a B- and a C-. It’s still the best of the sequels overall, but that doesn’t exactly mean I like it as much as I used to. But if I did choose to rewatch any of them, it’d be the fourth.
It somehow partially takes place in an area that doesn't exist, it suggests a wolf mythology that's never explored again, it tells children that disobedience will be rewarded, it introduces a new wolf character who should have been a more prominently featured in the sequels but she disappears completely, and it introduces a couple more PORCUPINE characters that do nothing but pad things out and irritate the audience. A&O4 DOES NOT hold up.
I liked it because as a cartoon movie which shouldn't be taken seriously (kinda like Mr Enter takes cartoons seriously sometimes) to real life.
What was cool about it was that it has a cool fictional area (like many cartoons taking place in the real world do), with a sense of magic, and some more. Though the only thing I hated about this movie was that the main characters wasn't very expressive.