The bad stuff is like this: http://classics.mit.edu/Aristotle/soul.html
What exactly seems so bad about On The Soul? As I recall, it was about as reasonable a theory as anyone could have at the time. If I recall correctly, it basically identified the soul (i.e., whatever makes organisms capable of moving themselves) with how the physical parts of the body are organized. This certainly compares favorably to other pre-scientific theories, such that the soul is a nonphysical spiritual entity (as Christians believe), or a cloud of special soul particles (as the Greek atomists taught), or some mysterious élan vital (as many pre-20th century biologists held).
Well, I'd agree that it's much better than élan vital. And as I'm reading it because of this discussion, it really isn't about the modern conception of souls - "de anima" here is more like "on the essence of animals." But there are plenty of individual wrong conclusions, where one could "improve on Aristotle without resorting to methods that were simply unavailable to him." Skimming through book 3, we get stuff like this:
...That there is no sixth sense in addition to the five enumerated-sight, hearing, smell, taste, touch-ma
Gregory Wheeler has written an eloquent new defense of formal philosophy.
Quotes:
See also: An Overview of Formal Epistemology.