I liked it almost as much as the Hallmark Entertainment versions of The Odyssey (which I rated 9 out of 10) and more than Merlin (which seemed too compressed in time, like the Cliff's Notes of Arthurian Legend or Troy, and which I gave 8 out of 10). "Sigurd the Barbarian" takes a little getting used to, though.
Worst line: "Fafnir, come out, you worm!" (Benno Fürmann's accent sounds like a cross between those of Christopher Lambert's Connor MacLeod and that guy from the new VW commercials.)
Best line: "We will fight a duel with double-bladed axes. If you win, I will wed you. If I win, it will cost you your life." (Kristanna Loken of Terminator 3 makes a pretty good Brynhild, IMO.)