I know I watched this movie decades ago, however now am no longer able to remember anything about it. Since it hasn't lingered any in my memory, I'll take it that means The Wizard of Oz is better.

As far as characters go Alice and Dorothy are pretty much tied for me Dorothy is just an American version of Alice. As far as the movies go Alice in wonderland has a better streak. while there's many movies based on both books I think there were more better movies based on Alice then on Wizard. Still waiting for Alice versus Dorothy versus Predator versus Alien versus Wendy from Peter pan and you got a Royal Rumble for the ages.