Yeah, this is pretty bad.
I saw one reviewer call the armor Arthur's side wears "something that comes out of Star Trek" and another call the bad guy's armor "leather ala Road Warrior," and both are fairly accurate descriptions. Nothing really look period, it all looks a lot more sci-fi then medieval.
And the casting too seems wrong, Gere was too old, and the age difference between Connery and Ormond was a little too vast be really believable in the context of the legends it's based on. Not to mention that Gere is a little too American.
And then, moving on, there is a gauntlet that came straight out of American Ninja Warrior... or more apt for the time, American Gladiators, either way it did a great job of sucking even more believablity out of the film to the point where it really wouldn't shock you if you saw a robot or two and a couple of blasters.
It didn't look right, it didn't feel right, and I guess, at some level, it might work as a romance... except it also lacked charisma so I'm not sure how appealing it is there either.
It's kind of King Arthur if the legends personified everything bad about 1990s movies.