It sucks ass. Battles aren't very intuitive and they take f o r e v e r. This game's length will only come from it's looong battles (which, like nearly all RPGs seems to be the only basis of the game). Graphics are good, but I don't care for the character designs. Music isn't bad at all (from what I heard). Voices are lame. HUGE V-sync problem just like most 360 games. 16-bit era RPGs destroy this game.
Also, the ARCADE version of Golden Axe is available to download from Xbox Live Arcade. That's a far better way to spend your time (you can play through 3 levels in single player without buying it).