I just got back from seeing Disney's Tangled earlier this evening.
I have to say, this is one of the finest Disney fairy tales I've seen in a very, very long time. It's quite honestly on the level of The Little Mermaid or Beauty and the Beast, and a massive improvement over the disappointing Princess and the Frog.
The animation is jaw-droppingly beautiful, the songs were memorable, and most importantly, it was an extremely well told story, with actual character arcs and development and villains with motivations that made sense.
I said this earlier to my friends, but as soon as this movie started I was transfixed. I haven't felt this way about a Disney movie in a long time; I thought for sure that they just didn't know how to make a fairy tale anymore, but they proved me wrong.
Brilliant.