For a game from the time of it´s first release I won't say that Blood & Magic is disappointing.
About the gameplay, there isn't really much to complain. Altough the game was released with some bugs, that could be seen through. There wasn't realy much orginality in the varriaton of the environment and the untis, altough it pleased much to see the units "that" you had at your disposal becoming more usefull in the certain situations of the game.
Graphics isn't really that was different from all other games from that year. It was the casual block builded environment and also the units moved very static.
Sound isn't really something that was pleasing. Can't really complain about the whole sound/music idea, but it just bored to fast. It's better to put on some great David Arkenstone or Enya.
In total, altough the low score, I felt something pleasant while playing this game.