I didn't pick this set up until a few weeks ago in an eBay lot with about five other small sets.
It was assembled one time, and then quickly torn apart and the pieces went into one of the spare parts boxes. I just don't really see anything to get excited about here. This set claims to be a "magic shop" but there isn't much that can be done in such a small area.
There isn't really much to get excited about as far as the set is concerned, and frankly I don't think it makes too much sense. My feelings are that the tree wouldn't have any foliage at all, as the entire thing has been hollowed out. I could understand it if the tree were bigger, but with half of the trunk gone, this thing should be dead. Personally, I prefer Majisto's Magical Workshop as a "magic shop" over this (and that doesn't even have doors!), but fo course, that was a considerably larger set and a comparison isn't really fair.
The bottom line here is that this set was simply produced for kids who wanted a wizard but who couldn't afford the larger sets. I don't honestly think this was ever intended to stay together as a set for very long, so for what it is, it accomplishes its goal. You get a wizard, some weapons, a barrel, and some useful pieces for a few dollars. If you don't need more wizards, you can easily take the beard off, put on a Wolfpack hood, and you finally have more peasants for your kingdom.
If I were to compare this to other similar sized sets like the Black Monarch's Ghost, it would not get a very good review. However, as stated, I don't think this set was ever really intended to stay together for any length of time. It was a parts pack plain and simple, and as a parts pack it succeeds. For that reason, I would give this set an 8 of 10.
"A chair like this is like a girlfriend! Why would you trade in an old one that's comfortable for a new one that could be a pain in the butt?" -Archie Bunker-