You can debate Prince's acting talent, or even his choice to parody his own life in this film. There is no debate about his musical talent either then or now. He seems like a shadowy has-been twenty years later, but the music remains relevant and fantastic.
Having lived through the hype of this movie (graduated high school in'85) I can tell you that there was nothing bigger at the time. From Tipper Gore (Al's wife) trying to censor "Little Nikki" and every thing else under the sun via the PMRC (Parents Music Resource Center) to every "Air Band" at the time impersonating Prince, it was the absolute hottest thing out. For a few weeks at least, Prince was bigger than Madonna and Michael Jackson.
We all waited for the film and were soooooo excited when it premiered. It didn't disappoint. EVERYONE was caught up. I was an MTV junkie at the time(they actually played music then....all the time)Prince played at least once or twice an hour. I must qualify this commentary by saying that, at that time, my favorites were Billy Idol, Oingo Boingo, The Fixx, Flock of Seagulls and others in the Punk/ New Wave genre' The music of Prince at the time transcended all types and styles. One of the reasons that some of it seems so cheesy and contrite now is that it was SOOOOOOOO big then. All the things that remind you of the 80's were iconic then. It was mainstream and it seems like a cliché' now. It got so popular that it became ridiculous. It's like the rappin' Granny commercial for Wendy's Hamburgers.
It looks stupid now because EVERYONE was caught up in it (sadly, kind of like a bizarre purple macarena or something. Anyway, I hope this gave you all a little insight.

Gods...where to start. I was only able to stomach about the first 10 minutes before I turned it off in disgust. Aside from the actor playing Robin Hood himself, the rest were just terrible. And, I can only stretch my suspension of disbelief only so far.
From the very opening of the first episode, I lost count of how many errors, plot holes, and horrible costumes there were. It began with some poor peasant trying to hunt for a deer to feed his family. All well and good. However, the poor blighter must have been mostly deaf, because a handful of soldiers, in full armour, on horseback, were able to sneak up on him to within about 10 feet.
Then, as he's running away, he goes from having them 10 feet behind him, to a shot where you cannot even see them at all, immediately followed by them about 20 feet behind him again. Then, he runs into some bushes, and is immediately manhandled by two of the soldiers...who just mere seconds before, were galloping on horseback, dozens of feet behind him.
The "armour" on the soldiers is so painfully obviously cloth which they tried to make look like maille, and miserably failed. Not to mention, the lead soldier's "armour" being about 5 sizes too big for the poor fellow. Seriously, he looks like he is a small child wearing his father's over-sized armour! Finally, Robin manages to fire about 5, perfectly aimed shots all around one soldier's hand, in the span of about 2 seconds, from what appears to be a recurve bow. No human alive could make those kinds of shots, in that short amount of time, with a scoped rifle, much less a bow.
After that, they escape the soldiers and stop to help an amazingly well dressed and clean "peasant" with digging a ditch...something that all noblemen were willing to do all the time, right? How this sorry excuse for a series ever got a second season is beyond me. The production costs (at least for what I saw) must have soared in the dozens of dollars (or Euros)...
Seriously - I think a highschool drama class could have put on a better rendition. This was so bad, even that terrible Kevin Costner version of Robin Hood was better.
I highly suggest you skip this monstrosity, and go rent or buy the mid-80's "Robin of Sherwood" series. Much better written, acted, costumed, and produced.
For shame, BBC...for shame...