Both are swashbuckler pics. Love the B&W. Great duel between Don Diego and Esteban. Movie had a great flow from beginning to end. I like The Adventures of Robin Hood, but love this movie.
I prefered this to Robin Hood as well. Granted, I'm fonder than Zorro as a character than I am for of (and I don't even consider TMOZ to be the best portrayal of the character), but I just found it more rewarding on most levels. The cast was generally more entertaining, I thought: the members of Robin's merry band had little personality in Curtiz' film. While all the action scenes in TAORH were well done, none could compare to the Diego-Esteban duel here. I also thought Rathbone shone more here than he did as Gisborne (the verbal exchange that preceded the fight with Power was a tasty starter). And the plot and character dynamics were simply more engaging to pay attention to: the romantic banter between Tyrone and Linda Darnell is quite funny. Sadly, Olivia feels a bit wasted in TAORH. "The Mark of Zorro" isn't an optimal adaptation of McCulley's stories, but is at least very pleasant as far as swashbucklers go. Neither film has a very authentic feeling to it (the setting seems more Mexican than Californian here), but the black and white automatically helps to keep the illusion a bit. Robin Hood's lavish colors only set up the fakeness of its middle ages setting.
I like both movies, which are very different. I think the style of "Robin Hood" was intended to evoke the illustrations of Howard Pyle, rather than to show what medieval England really looked like. In that, it succeeded brilliantly!