Well, if you have no Bretonnian/Medieval figures at all and you do not live in the UK - meaning the basic rulebook is basically un-findable at anything resembling a reasonable price - the set is an ok value as a starter box.
As an army, it's fluffy enough - read: it contains a decent amount of regular troops, making it look like a real army might - but how competitive it is against Power Gamers and Rules Lawyers who will hero, elite and Linehammer the crap out of you in even just a friendly game....well....