I own both, and I have to say both have good and bad points.
Vampire Hunter D pros:
Amano-esque looking, as was mentioned by Cain.
Truer to the Manga/Comic storyline.
Better plot than Bloodlust.
VHD cons:
Dated look.
Animation kind of choppy.
Magnus Lee looks like he's one year younger than God
Bloodlust pros:
Better animation
Better voice acting, especially D.
Nolt (guy with the cross tattooed on his face)
longer film than VHD.
Cons:
Meier Link (Whose full name is Oscar
Meier Link Sausages.)
The silliness of the spaceship idea.
The characters are not "Amano-esque." (I'm starting to like that phrase!)
Anyway, keep in mind that these are just my opinions, and I love both movies.
