Freakazoid was part of the animation revival of the mid 90's. It was animation targeted to a slightly older audience, utilizing more complex animation techniques including many visual and textual homages to the entertainment that preceded it. The one thing that Freakazoid does not have, in general, is a plot. It is almost entirely a vehicle for interesting ideas, jokes, and parodies, with no attempt to weave them into a cohesive whole.
In many ways this is a good thing, unless the target audience are young children. I believe that young children require a beginning, middle, and end. Small children also emjoy simple themes and repetition. Which is to say that Freakazaoid, like much of the animation of the mid 90's, is targeted more for what we now call tweens and older, and in this way it was far ahead of it's time. There is nothing in the content inappropriate for small children, but I think that most simply will not get it. This is a departure from much of what Amblin created at the time, so it is an interesting tidbit.
To the DVD itself. The fourteen episodes are on one single sided dvd and one double sided DVD, so when the second DVD ends, flip it over. There is some commentary, most of it very good, and nothing I heard should be objectionable to most parents. The transfer seems to be of good quality. The only issue is that the subtitles do not seem to run during the comentary.
Two minor negatives. The first DVD starts with an anti-piracy advertisement which includes footage from the Wizard of Oz. It begins with a shot of the Wizard, which was disconcerting to me. I can't imagine what young kids would think of it. Second, the packaging is made of a plastic does not seem to as tough as the regular DVD case. Mine broke during shipment, and at some point small pieces of plastic broke off, so keep it away from the very young children.