Pirated a web rip of this today and rated it a 2/5. It's like 15% nostalgia bait, 85% key-jangling. Feels like it was created as a series of scenes that someone had to cobble together into a semi-coherent narrative rather than anything else. It's enjoyable enough, but extremely shallow, definitely worse than the original.
Still, I'm not immune to being seduced by Fox McCloud, so it had its moments.