Played it a lot since i love Mount and Blade and i LOVE the time period the game's set on, it does most things pretty well, but it has a lot of bugs, especially in the questlines, and since it's based on the original M&B instead of Warband, you can't build your own kingdom without completing one of two very specific questlines that can be bugged and screw you over through no fault of your own. Also no real modding community compared to Warband.
Oh, and the guns are too innacurate! I still played it and had fun, but at the end of the day, the setting is the main draw, for everything else you go to Warband.