Cute and funny! It doesn’t, however, provide the main story (metanarrative) of the Bible. If you’re looking for a book that does this (along with good illustration and simple language), try The Big Picture Story Bible by David Helm.
This has been my favorite picture Bible for toddlers for almost 20 years. The text is age appropriate and the pictures hold their attention. Our family favorite is the naughty camels in the story of the three wise men :)