In "Porky's Five and Ten," Porky decides to open a dime store on a remote desert island in the South Pacific. With his tiny sailboat overladen with supplies, he heads out onto the open waves, but is sabotaged by a swordfish and a group of his finny friends, desirous of the treasure within Porky's store stock. Most of the cartoon takes place beneath the waves with the fish interacting with the various items from Porky's merchandise. It's no "Porky in Wackyland," though it is harmless and only marginally funny; the little ones may well get a kick out of it and should be able to relate this to the universe of SpongeBob Squarepants quite readily, if they are kids not allergic to black and white.
It is recognizably the work of Bob Clampett and if you are a Clampett booster this might rate two "woo woos!" out of four, being of lower grade than his best work, but not quite the throwaway property that some of his spot gag cartoons are. If you are of the camp that is irritated by Clampett generally than this will irritate you too, though not as much as perhaps "The Wise Quacking Duck." One thing though; its inclusion on the Warner's "Hollywood Hotel" DVD is a reason to celebrate. "Porky's Five and Ten" was a cartoon that fared very poorly in a stenciled, colorized version made in the 1960s; it has since been digitally colorized as well, with better results. The copy of the stenciled version used by WXIX-TV in Cincinnati starting in the 1970s was cut down to around four minutes, and the resulting butchery made Gefilte fish of the storyline. That Warner's was able to recover the original with its proper titles and restore it to the crisp, pristine black and white original condition seen on the "Hollywood Hotel" DVD was the best thing that could have ever happened to this picture. It was the least that they could do, given how badly this title has been mangled in the public domain market, on television and elsewhere.