An average dungeon crawler with little to entice one to keep playing.
This game is limited, and the enjoyment factor will really only last you a few moments. Sure, 1up's Scott Skarky mentioned the somewhat chuckle-worthy item names, but those moments of guffaws really don't last you very long. Overall, the setting is boring, the loot not nearly cool or scalable enough, the quests mundane, and the art direction average at best.
Even for a free game, I would steer clear of this one. There are better dungeon crawlers - albeit no other free ones that I can think of at the moment - out there, a la Torchlight, Diablo 2, Titan Quest, etc. If you enjoy a more 3D experience, I would recommend Too Human (Xbox 360) or Hellgate London (single player only - PC).
Note: I believe the game is shut down by now, due to a lack of funds.