This is one of those rare early 80's movies that I love. Everything about it is terrible and yet something about it is great!
It has the feel of a Saturday "matinee" and is certainly an entertaining piece of work (although far from a masterpiece). Essentially, this movie is a guilty pleasure. If had to choose between it or "The Beastmaster", I would certainly take Hawk the Slayer.
I recommend this movie as a must see! Although I am not blind and can certainly see all of the faults, I still love this movie.
I even sampled sound bites from this movie and created a dance mix! (Not for commercial purposes... just for fun). If interested, check out the messages boards as I have posted a link to the sound file there.