These are what we call the 'YMMV items.' Things that some people find in this work. We call them 'your mileage might vary' because not everyone sees these things in the same way. This starts discussions in the trope lists, a thing we don't want. Please use the discussion page if you'd like to discuss any of these items.
YMMV: The Thief and the Cobbler
Awesome Animation / Visual Effects of Awesome: Williams' original scenes are amazingly well animated. Not only is it technically excellent, but the characters also often move and act in very inventive ways: Of particular note is Zigzag's playing cards scene (animated by Williams himself), which has to be viewed frame-by-frame to catch all the subtleties. In fact, the art was so good that some parts of it, especially the War Machine, looked like animated CGI
Crowning Music of Awesome: The recobbled cut features truly inspired use of Rimsky-Korsakov's Scheherazade and Ralph Vaughan Williams' Fantasia on a Theme by Thomas Tallis to fill in silent sections of the original film. The one scene that really stands out is when the heroes leave for the desert (using Thomas Tallis).
Also, the film was finally released under the title "Princess and the Cobbler" in September 1993. A month later, Vincent Price passed away. So Zigzag's final line "For Zigzag then, this is....the end!" is kind of particularly disturbing.
Hype Backlash: An increasing number of people are claiming that the film isn't quite the masterpiece its fans make it out to be, feeling that while the animation is top notch the storytelling is weak and several scenes are mainly animation for animation's sake rather than furthering the plot. (As this article puts it, Williams "had 95 minutes of footage for a 79-minute movie.")
Jerkass Woobie: The Thief, especially if you've seen the Recobbled cut where an old lady, a polo game, a self destructing war machine and even a bed THAT COMES ALIVE FOR NO REAL REASON try to kill him. At the finale, he finally gives up the Balls because he had it up to here with the trouble it caused him.
Special mention for the Thief's snarky inner monologue, which for several is the only redeeming factor of those cuts.
Nightmare Fuel: The One Eye's War Machine, not to mention the One Eyes themselves. A huge, vicious, implacable army led by a bloodthirsty, monstrous tyrant who uses slaves as furniture and only wishes to destroy everything he sees, atop a vast, disturbing war machine. Imagine what would have happened if Tack hadn't been able to stop them...
Also the sounds that the golden balls make when bouncing around in the Recobbled Cut. They're like bells of doom from hell.
The Bandits are far too ugly to actually be 100% human.
From the Recobbled cut—Tack is very-nearly eaten alive by Fido, while in a very small cell with nothing but his own ball-and-chain to try and keep the bird away.
The Calvert animation... oy veh, the Calvert animation. Not only is it rarely on-model but if one studies closely there are a slew of errors (YumYum's feather disappearing and reappearing during the "She is More" sequence, Tack losing his nose for a frame or two as he says "when to a wall you find your back... A TACK!!!!", etc)
What The Hell Casting Agency: Arguably, Sean Connery as Tack near the end of the Recobbled Cut. Of course, this was Richard William's original intention, somewhat of a joke, since you wouldn't expect such a skinny guy to have such a deep and suave voice.
Played much more straight in the Calvert/Miramax cut, which either completely redid voice tracks or, more infamously, gave previously nonspeaking characters lines in order to have an All-Star Cast
Visual Effects of Awesome: The original cut was supposed to be the greatest animation epic of all time, so therefore, Williams put in almost half a century's work into each frame, resulting in animation that mirrored CGI because of its sheer perfection, especially the War Machine.