I watched this show when I was a kid and I was scared of some parts because it showed blood and possible "deaths" of Poe. What I really liked about the anime was the storybook-like visual and the creepy background music. It's very different than all the other children anime like Pokemon and Digimon during that time. I think the weakest part of the story was probably the characters because there was no actually character growth besides that Poe was able to face the wolf again. The ending song was both visually appealing and disturbing at the same time. You see Poe being pinned as acarousel horse or he was swimming in the ocean (depending on the censorship).
Overall, this is one of my favorite childhood anime and I wish I can see more anime in this art style.