Admittedly, the idea of Speedy Gonzales and the Roadrunner having a foot race is a great idea.
While it's not as bad as most shorts from that era, it's nothing to write home about either. The fact is that is recycles animation (and, by extension, gags) from previous Roadrunner cartoons. This also results in a jarring contrast between Sylvester (who is drawn in the DePatie-Freleng style) and Wile E. Coyote (who is drawn in Chuck Jones' distinctive style).
That being said, it could be pretty enjoyable if you haven't seen "Zoom and Bored" (which the short recycles its animation from) and the ending was decent.
While it's not as bad as most shorts from that era, it's nothing to write home about either. The fact is that is recycles animation (and, by extension, gags) from previous Roadrunner cartoons. This also results in a jarring contrast between Sylvester (who is drawn in the DePatie-Freleng style) and Wile E. Coyote (who is drawn in Chuck Jones' distinctive style).
That being said, it could be pretty enjoyable if you haven't seen "Zoom and Bored" (which the short recycles its animation from) and the ending was decent.