At first glance you might be forgiven for thinking that Mystic Heroes is essentially Dynasty Warriors aimed at a younger audience, but that's only if you look at the outer surface. While a comparison is fair game, this is more like DW with magic and monsters to create an entirely different hack and slash experience.
The visual style is done in a chibi fashion which looks nice in a fantasy setting and is handled very well. Individual character models general possess a lot of detail in terms of facial expressions and their costumes, including things like flowing ribbons. Granted, some of the extra details tend not to obey the laws of gravity but aside from that it looks very nice. You have to look really closely to notice any degree of flatness to them so that element of depth to the models is nice.
The animation and effects are very good too. Characters will dance and dodge around as they unleash melee combos and spell attacks, get knocked down by strong...