I strongly disagree.
I watched this film too, though on a small screen, 24'', and I was sitting in front.
But seeing the screenshots too from this review:
http://www.dvdbeaver.com/film6/blu-ray_reviews_77/erik_the_conqueror_blu-ray.htm
it hardly looks like DVD.
I found the detail and grain...
I thought to start this thread here, because I was very happy that one of my favourite genres that we have refered to here a few times, gets - what I think is - the first release on Bluray with English subtitles!
(correct me if I'm wrong but i don't remember any other bluray release of italian...