The album's title references Hal Foster's Tarzan comic strips. In the comic, "Krig-ha, Bandolo" was one of Tarzan's war cries, meaning "Watch out, the enemy's near".
The album's opening track is a recording of a 9-year-old Raul Seixas singing to Roy Brown's "Good Rockin' Tonight". It was the first album of many to feature Paulo Coelho as Raul Seixas' songwriting partner, and features some of Raul Seixas' greatest hits, such as "Mosca na Sopa", "Metamorfose Ambulante", "Al Capone" and "Ouro de Tolo".
In 2007, the Brazilian version of the magazine Rolling Stone chose Krig-ha, Bandolo! as the 12th most revolutionary Brazilian album of all time. The magazine also voted "Ouro de Tolo" and "Metamorfose Ambulante", respectively, as the 16th and the 39th greatest Brazilian songs.