I bought this set mainly to get another knight for my jousting tournament, but I really like it a lot in its own right.
A wandering knight with three retainers makes a nice balanced group; a crossbowman to hunt for game and as ranged attack, a young swordsman to act as groom, squire and ostler, and an older bearded retainer, who has to be the most heavily armed figure I've ever seen, with a large sword on his baldrick, 2-handed axe on his back, shield and halberd carried. The halberd is really a 2-handed weapon, but I like this guy's attitude, he's really covered his bases.
The whole group have beards or stubble, suggesting they're travelling a little rough - maybe they spend their summer months travelling from one tournament to the next, with just enough self-defence to discourage bandits on the road.
There's enough individuality to the figures with differing helmets, while still retaining the distinctive red trousers or jackets, to show they belong together. Unlike the Gold or Green dragon troops or the black lions, these guys are a motley crew. All the swords are different, all the shields are different; the knight is not wealthy enough to outfit his group uniformally.
If you're looking for a slightly shabby group of knights, the Red Dragon Knights are the ones for you.