I saw The Little Mermaid dvd when I was very young and I loved it. It had a perfect fairy-tale ending and totally followed the formula for Disney movies in a great way. It really got it's message across with catchy tunes and fun characters.
On the down side, while it had a great message, it didn't stay true to what Hans Christian Andersen wrote. I hadn't read Andersen's version until very recently, but I loved The Little Mermaid dvd. I thought it had a much better and far more realistic message than the Disney movie. Andersen said that if you're a good person, while you may not get your reward in life, being good is it's own reward. Disney, on the other hand, said that if you risk everything for the one you love, things will work out in the end. While that's a nice message for little kids that is very unrealistic. Good people are hurt all the time.
I've heard people say that if girls grow up watching this, they will learn that big breasts, a small waist, and having a man by your side are what's important in life. This movie was made the year I was born, so naturally, I grew up on it. I don't hold myself to unrealistic standards or feel like I must have a man to go on. So, while I don't know about all the other little girls out there, but Disney didn't corrupt me.