Jason Bovberg of DVD Talk was favorable on the episodes featured, and also praised the extras, while not "nearly as cool as those of the first SpongeBob collection, Nautical Nonsense and Sponge Buddies." "This disc is definitely worth your time and money. There were moments when I was gasping for breath, I was laughing so hard."
Rich Rosell of Digitally Obsessed praised the episodes featured, and the "quite funny" extras. "Spongebob Squarepants is a solidly written cartoon, designed to appeal [to] kids and adults without pandering too much to either group. Even at its worst, the show is still is far funnier than any of its contemporaries, and rarely fails to elicit at least a couple of laugh-out-loud moments."
On the bottom of the front cover it says "10 Water-Logged Tales" on the back and episode selection it has 9 episode and 1 episode considered to be on Special Features.
The episode "Gary Takes a Bath" was released on this DVD 8 months before premiering on TV in the United States.
"Shanghaied" comes with all three endings and is listed in the special features section of the DVD.