Bad watch, won't watch again, and can't recommend unless you're just a huge Peter Pan fan and a completionist.
This is in that run of unnecessary sequels Disney did to make some cheap bucks; it's (clearly) also right after they started in with digital animation.
While they managed to capture Peter and the lost boys fairly well, Hook and Shmee are more like loose cartoony references to their former selves. Jane and Wendy seem to have the most detail put into their animation. The (classic) crocodile was replaced with an octopus (but still includes a suction cup version of tik-toking) by a... read the rest.