I have one thing to say about Dreamworks Animation's "Kung Fu Panda."
The characters and story were so good I entirely forgot I was watching computer generated animation.
As the closing credits rolled, I sat up in sudden surprise and exclaimed, "That was CGI!" Sure, the animation was awesome, the styling was incredible, and there were 3-D shots that could only have been done in the computer, but I got so absorbed in the story I never thought about the media.
That, to me, is a great achievement of storytelling.
The film is PG for animated Kung Fu action, and has a few vulgar gags thrown in, so parents should definitely watch it first to make sure it is appropriate for their children. Don't worry, parents, you'll want to watch it again with the kids.