I'm not going to be the one to say this is an overall bad collab like the other guy (coughburgerknightcough), because there are some animations here that are actually good like the Ed Edd n' Eddy, Courage, and even the ATHF ones.
But I did feel that the other ones could have had more effort put into them, if it was tied together on the other hand and not done in the form of a menu I probably would have been more forgiving on this. Additionally kind of surprised with the limited selection of toons represented here given how many IPs CN and AS have put together.
That's just my take on it.