This movie was made by my favorite surrealism artist, Jan Svankmajer. He had made another movie called "Alice" which is obviously based off of Alice and Wonderland but with a surrealist fling to it.
Jan Svankmajer usually makes short surrealism works that involve stop motion animation. It is just awesome. But off and on, he makes a full length film. I heared that he is currently making a new one. Too bad he will not be making much new ones, seeing that he is pretty old now.
Check his work out here.
http://www.illumin.co.uk/svank/index.html
There is a review of Faust here.
http://www.illumin.co.uk/svank/films/faust/faust.html
And one of Alice here.
http://www.illumin.co.uk/svank/films/alice/alice.html
Jan Svankmajer is far one of my favorite artists.