Not that bad indeed.
This is a good entry, but its not something I'd put on the front page (sorry mate). I liked the quality of the sound effects and some of the light effects there. What I absolutley did NOT like were the graphics of the faces and heads. Man you REALLY HAVE to work on that harder. The animation of the leader of the army turning his head was soooo unrealistic, he seemed to move like a giraffe not a human beeing.
Some parts of the story seemed very cliche (the rocks flying up when the black knight raises his power was too dragonball-like).
I have yet to see where the plot will go, right now its too hard to tell.
If you manage to fix the face graphics and develop an interesting plot than this will surel become a hit, which is exactly what I wish you.