I remember watching this semi-frequently as a kid in the early 90s. The only part I really remembered was the finale with the bad guy, though I myself must have been teetering towards Slumberland since my memory of that scene is far more ethereal than the real thing. Anyway, it's a cool movie.
An old friend complains that this film used to scare her when she was little. She also likes to complain about how she doesn't like Takeshi Kitano but doesn't bother explaining why...that aside this is another particular piece from my youth. I'm not the nostalgic type but I feel a tad (only a mere tad mind you!) melancholic when this is on.