This game was a lot of fun for me at the time. IIRC, it came out around the same time as FF8, so after I finished FF, I started Legend of Dragoon. The battle system was unique, and required excellent timing. The graphics were very good for the time, easily on par with FF8. The story and audio were pretty generic fare, however.
Overall, if you liked FF7-FF9 and other JRPGs from the same era, you'll probably like LoD.
Also, almost forgot, it had a pretty cool collection system. Around the world were hidden fragments that you could collect and trade to some guy for a prize. I never collected many, but it was one of the first games I remember playing with a system like that.