That didn't stop them from making the movie anyway (I wouldn't expect any less from Full Moon). The character names which would've gotten 'em sued have been changed. What we're left with is a movie about an alchemist (he's insistent he's an alchemist, not a wizard) from another dimension. He's in charge of protecting the film's MacGuffin, which is known as the Philosopher's Stone... hey, maybe Full Moon should sue J.K. Rowling!
I'm legally obliged to inform you this is NOT the Sanctum Sanctorum
What develops between Mordrid and Samantha is one of the mildest romances in movie history. You won't even know they're attracted to each other until the very last scene in the movie—and even then you won't really know for sure. Yet what Mordrid suggests to her, out of the clear blue, is the equivalent of popping the question to a neighbor you occasionally see on the sidewalk. I love Jeffrey Combs to death, but his chemistry with actress Yvette Nipar is nonexistent. Considering they appear quite at ease with one another in this behind-the-scenes video, I'm not sure when or how the ball was dropped, but I suspect it has something to do with Full Moon's speedy production schedule.
Look, Full Moon made a ton of movies. They've managed to produce a lot more greatness than you would expect from a fledgling studio, so you can't be surprised when they make a dud like this one. The directors, at that point in their careers, were such experienced filmmakers you can't even laugh at the movie in a so-bad-it's-good way. Technically, it's a well-made film, it just happens to stink. Even if you go into it seeking the hokey factor, you're bound to be disappointed.