The film was favorably reviewed by the critic
Pauline Kael in
The New Yorker. "The cinematography [by Larry Pizer] is vivid … the colors are strikingly crisp and intense. The dialogue and most of the incidents have a neat, dry humor. It's a wonderful, partly true story … there are some wonderful performances. As Bill Doolin, Lancaster (who made the film before
Atlantic City) is a gent surrounded by louts — a charmer. When he talks to his gang, he uses the lithe movements and the rhythmic, courtly delivery that his
Crimson Pirate had when he told his boys to gather round. In his scenes with Diane Lane, the child actor who appeared in New York in several of
Andrei Șerban's stage productions, and who single-handedly made the film
A Little Romance almost worth seeing, Lancaster has an easy tenderness that is never overdone. Lancaster looks happy in the movie and still looks tough; it's an unbeatable combination. Young Amanda Plummer gives a scarily brilliant performance".
Variety called it "as cutesy and unmemorable as its title". The review criticizes the distanced visual style of director Lamont Johnson, and that as a result, "the film washes over the viewer, with no images or moments sticking in the mind." Tom Hutchinson of the
Radio Times gave the film 3 out of 5 stars. Matt Brunson of Film Frenzy reviewed the film in 2020, and rated it 2.5 out of 4. He wrote: "The film has been hailed in some quarters as a buried treasure, yet while it bears a certain measure of charm, it isn't quite as accomplished as its reputation might suggest." ==Home video==