This is basically 2 different games forced into 1:

There is the game with a horrible soundtrack, pretty lacking enemy variety, very outdated musou style gameplay...And there is the game that is the best panzer dragoon game that never was with a pretty great story.

If the good parts are worth dealing with the bad parts will be 100% dependent on your tolerance to the musou side of the game. Me personally, yeah its okay, it even has a couple of missions that are actually fun.