Amazingly. This is the direction I've been waiting for LEGO to take for quite awhile now. The barding with mail design is superb. I'm really not fond of the purple/blue/whatever colour, though (I'm colourblind, so give me a break if I got that wrong).
Easily the two best things going on here (besides the obvious - the return of the pointed visor) would be the focus on silver accessories, and the amazing prints on the standard Euro-armour pieces. Those look so gorgeous that I'm tempted to shell out an arm and a leg to get a set now (but alas, they'll likely be on backorder before I even get out my credit card).
I'll be buying tons of this stuff.
The one negative, because there always needs to be a negative, is that the 'fur-trimmed' torso from the Vikings line just does not fit (in my opinion) with the knights. It looks strange and out of place, and kind of silly in that colour-scheme anyway. Should have been left out in favour of something else, or even just doubling-up on one of the torsos in the set.
Forge not works of art but swords of death, for therein lies great art.
"The Gods made heavy metal and they saw that it was good." - Manowar