I saw it today and me and my 3yr old daughter loved it.
The songs were't as good as the cartoon, but since we had just listened to the songs on the way to the theater, we were already kinda singing along to it anyway.
Action was intense, and the CG was amazing.
Baloo seemed a little off to me, but it was Bill Murray... so I overlooked it.
Shere Khan was down right menacing and brutal, and even though my daughter was kinda scared by him, she said he was her favorite part of the movie.
So between this, Zootopia, and the upcoming Finding Dory, it seems that Disney has talking animals locked up tight for 2016. Animated and Live/CG.
Actually, just looking at Disney's 2016 lineup (w/ Pixar, Marvel & LucasFilm included), they have all of 2016 Box Office locked up period.