I was totally prepared for it to be awful, but it really wasn't that bad. The narrator's accent seemed weird (like she was trying too hard) and the special effects were laughable (they sort of reminded me of Highlander), but it was entirely watchable.
I do wish they'd ended it better, but on the budget they had, it probably wasn't possible. The least they could have done is give us an overview of Lews Therin killing himself in a giant explosion of One Power via the closing narration. Him just going upstairs with that knife was sort of stupid.