It is, rather. Particularly when you realise that it was made in 1997! I don't know if they used different techniques to other films from the period, but the special effects look less... bad than other films.

You know when you can blatantly tell that something's been filmed on a green screen and thrown in? I don't find that I get that type of feeling with TFE. Sure, it looks like the scenes that would be done by computers these days were tiny models that've been filmed, but at least it looks alright.