I just purchased this about a week ago during the TRU sale. With the extra discount I got (thanks to SirNelson) I ended up paying about $19 for this set. At that price, this set is awesome.
The best thing is obviously the fig count. Seven figs is a lot in this day and age, and for $19 it's a bonanza. There is a lot of repitition in the figs from previous sets, but that doesn't bother me so much. I like having lots of similar torsos, because it makes it easier to use them as a "faction" when building MOCs. I would have liked more variety in the faces, although I never get tired of the "berzerker" head. I was also pumped that the set included a barrel! This is the first LEGO barrel I've ever owned, and I was really excited. Obviously, it doesn't take much.
On the downside, while I liked putting the ballista together, enough is enough. I would have preferred a little fort or outpost, something with the "log" bricks. I've got enough siege engines to storm every castle from the beginning of the world to date. Another quibble I have is the axes included in this set. I'm glad that TLG is giving us the beaten metal type battleaxes instead of the
old brown and black battleaxes, but they just don't compare to the
Viking axes. This is the best new weapon in years, why don't they give us more?
Anyway, this set is great for the figs and has several cool pieces besides. (like the brown tiles printed with the intertwined serpents) If you find it on sale, buy it immediately. It's a little pricy at full retail, but would be worth it if you really needed some figs. Overall, I was very happy with it.