Yeah
I'm not even going to knock off points for the art and animation. Sure the animation on it's own is pretty terrible (no offense) but the length of the movie would have meant a lot of time spent just detailing and smoothing out the animation and well if your not completely motivated then that would be a hard thing to do. So considering all things as a whole this was pretty good.
The music and story in general were pretty sweet. Had you actually spent the time to make this something more it would have been something to be proud of. The concept is something that I really liked. Taking popeye and tossing him into a fantasy setting where he beats the living fuck out of all kinds of crazy shit is just plain awesome on it's own lol.
You really should take the time to put the detail in the next time around I think your capable of making something outstanding and you shouldn't question if people will watch it or how detailed you should make it. If you spend the time to make the detail it will be something you can be proud of and people will watch it and they will vote 5.
You should consider ironing this one out and re-posting it at some point. You have something worth investing the time on.