The beauty of the beat-em-up - and therefore the beauty of Golden Axe - is the multiplayer aspect. Golden Axe can be played by up to two players, either online or on a single system. And unlike a lot of the previous brawlers on the service (here's looking at you, TMNT), Golden Axe runs almost flawlessly online.
Much like a lot of the arcade games back then, Golden Axe is fairly short and doesn't have a lot of replayability, as every enemy will appear in the exact same spot every time you play, and there are no branching paths. But for 400 MS points, a classic brawler with functional online play is something that belongs in your Live Arcade library.