Let me make this simple and clear because I really don't want to waste my time.

The 1974 version is for educated mature adults.

This version is for under 16 with little or no reference for history, art, culture or an attention span and care about anything else but lighting themselves on fire. The graphics and effects makes It look like it was made in disneyland for disneyland. Nothing in this emotes or references the 1920s. The hair, music, moves, speech and clothing is so far off it is just a caricature of itself.

Fine to watch to laugh at. The adult version will be the goto as a better film. I was embarrassed for these, which are seasoned actors forced into clown makeup and into to a circus. Very laughable throughout.