According to the dates given in the manuals, this game takes place after Wizards & Warriors III, although it was published earlier. Malkil is back at his evil deeds. He has abducted Princess Elaine and taken her to his Fortress of Fear. It's up to Kuros to save her.
ventuz improves the previous movie by 1139 frames if emulation differences are not accounted for, thanks to better optimisation.