I just watched The Legend of Zorro. This was an excellent sequal to The Mask of Zorro. This movie was a bit longish, but I liked it all the way through. Antonio Banderas, Cathryn Zeta-Jones, and Adrian Alonso were excellent heroes in this flick. There was plenty of action all the way through this movie, interspersed with small gestures of humor that we have come to expect from Banderas and Zeta-Jones. Young Mr. Alonso fits his part as well and comes through with some really good stunt work (or his double does - whatever, it was good stuff) and shares the same subtle humor that his co-workers do.
I have to agree with the decision to keep out the gore and graphic scenes, as I was able to watch this movie with my son, who loved the cinematic fight scenes (with no blood). Kudos for the well-earned PG rating!
A review that I read quoted Banderas:
“We have to think also that this movie is going to be seen by kids, too,” Banderas says. “I think it’s important that it’s not so bloody.”
Thanks for following through. I think that this movie did succeed in giving the same feeling that the old westerns do, which is great! Everybody bad gets killed, but we don’t get disturbed by the details. There was a clear deliniation between good and evil in this film and I think that it will appeal to a wide audience. I know that I liked it. 
Banderas is always focused at the younger audiences.
Now I want to see this movie!