I picked this up, predictably, in view of my fellow reviewers comments, in a charity shop, paying slightly over the odds but, hey, I'm a sucker for a fairy tale.
As an exercise, imagine this production was assembled some 30 years ago when graphics were in their infancy and a small, dedicated, hard-working cast accepting minuscule wages gave their all in a mini-budget effort for BBC 2 to be screened at an unsociable hour. You stumble across this while channel surfing the four choices we had back then and are disposed to be entertained by a creative re-working of a beloved story. We have elves instead of dwarves, a mystical flame of power, dragons, war, potions and poison, a princess with archery skills and a prince with a way with keys, a rescue, a kiss and a happy ending and what more can you ask for on a rainy day?
The crucial question: is it worth three quid? In the context of the above, yes.