This figure was one of my all time favorites as a kid. I had a bunch of the Dragonriders of the Styx figures, but the Black Knight was my favorite! DFC (Dimensions for Children) produced some excellent figures for this line in 1983, and I finally have the one that I've been looking for. Obviously produced to catch the D&D craze, but they do stand well against their LJN counterparts. In my opinion, the Black Knight could have been one of them. I used him alot as the silent sentinel of Lord Drex (Drex was always the leader of the villains).
The card art and backboard detail is awesome! I always marvel at the detail put into the packaging back then and it was done with such inferior technology! The only bad memory I have of this line is that the Wizard exploded (completely fell apart) within a few days of purchase, and I was excited to get him cause I didn't have Kelek or Ringlerun yet, making him the first Wizard. Oh, the calamities of childhood!!