The classic turn-based gameplay established by the Might and Magic series comes to the PlayStation 2 in this release, complete with graphical enhancements and new features designed to make good use of the console's power. Players choose a hero to lead across the land on a quest to smite evil, gain power, and recover an immensely powerful artifact known as the "Dragon Bone Staff."

In a blend of RPG and strategy elements familiar to veterans of the game's many incarnations on the PC, the player may choose to lead his army on side adventures to defeat wanted criminals or to recruit powerful allies, always watching for clues to the location of the elusive Dragon Bone Staff along the way. When the relic is finally found, the chances are slim that it will be unguarded. The secrets gleaned and skills gained on the quest that leads the hero to the staff may also decide the victor of the final battle.