I recently seen Ponyo on the Cliff by the Sea in theaters (twice!). The movie is the latest creation brought to North America by Disney, Studio Ghibli and of course, Hayao Miyazaki. The story is a twist on The Little Mermaid, focusing on a 5 year old boy who discovers and saves a magical gold fish with a human face. The little gold fish falls in love with the boy, and dreams of becoming human forever.
It makes no difference which version you see. The Disney dubbed version, and the Japanese subtitle are generally the same. As a Miyazaki film lover, it was far from disappointed. The animation is beautiful, the story is adorable, and well put together, and even the cheesy voice actor choices from Disney fit the story. Don't ditch it because the Jonas brothers got their sneaky fingers in on the story. Everything about it was immaculately well done.