Poor
The overall plot was inadequate. The character's reactions are so minor compared to the situation, and there is no insight into the characters at all. A major plothole that's not even addressed is the chimney; why not just go back up it?
The voices were terribly done. Santa's voice was emotionless and stale, and the puppet's voice is impossible to understand. I realise you've written up the words in the description, but if I'm reading the description I'm not watching the movie. The one thing I liked about it is in the third scene, where we hear about a loyal elf "hanging above this pit of ass".
The animation was of terrible quality, particularly the climb-the-wall scene - it's obvious it was supposed to be dramatic, but all we see is a shoddy, unmoving character sliding up and down for no apparent reason. We don't see any slips of the hand or feet, we don't see the character react to the incoming walls, and the movement is unrealistic. At a certain point the walls are close enough to be useful to the climber, but the climbing doesn't change. There is pretty much no reaction to major limb loss.
This continues in the next scene, where Santa cheerily goes on his way without legs and shoves his arms into a blender. Then he moves around (with not arms or legs) and can be seen standing next to the scale - why not just push down on it?
In summary, the only good thing that has gone into this movie is effort, which seems to have been insufficient. All of the above things lead to a confusing, unenjoyable viewing experience.