Yes this is a reformatting of the game originally released in paperback by Corgi Books way back in the day.
This system is fairly simple. What I love about this game is it's tone. I think another reviewer used the expression of "dark folklore" which is apt. It is a setting where there is a lot of superstition and fear of the unknown. Good set of monsters (you get more with the Bestiary). If you are looking for a lowish magic setting rules lite system, you could a lot worse than Dragon Warriors
[5 of 5 Stars!]