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I tried it. It's a pretty fun game, and the atmosphere is amazing! The music in battles (and throughout the game) is incredibly cool!
It's 100% more engaging than the second part.
The only downside is that there's no market, and I don't think you can build more than one ship (although I might be wrong about the ship).
By the way, this is the only part of Heroes where blood splatters everywhere:D