Okay, so I've never seen the German version of this musical, but Takarazuka has done it 6 times, the most recent one being really awesome. I'm not going to say that it's not kitschy or over-the-top, but it is a lot of fun and very hot at times:
"The Last Dance", where Der Tot confronts Elizabeth at her wedding:
http://youtube.com/watch?v=rfUUvSRRu-A
Der Tot convincing Prince Rudolf to overthrow his father:
http://youtube.com/watch?v=fOCjdW-7jzE
The city people getting angry about the milk shortage. I really like this troupe's Luigi Lucheni:
http://youtube.com/watch?v=hQqQODQua94
And there are no plastic horses *shivers*.