Master of Magic

The Good
It had everything that made the original Civilization so much fun (except that you didn't have settlers to irrigate or mine the terrain), plus it had a lot of neat Fantasy touches, like lairs that could be raided, etc.

The Bad
The AI was a bit simple-minded, and a surefire way to win on any level was to select the Dragonman picture for your character and pick the "Start game in alternate universe" option as one of your skills. Since the Dragonman was the only pre-built wizard to start in the alternate universe, and since the game wouldn't select him if you picked his picture for your wizard, you could be assured that you would have the ability to develop your civilization in peace and quiet for many, many turns.

The Bottom Line
Civilization, with Magic.