Darn tootin'. The first Conan still stands up today, IMHO. A good cast, awesome costumes and set design, and Basil Poledouris' score is one of my favorites of all time. Sure, it's not as flashy or as polished as today's sword & sorcery flicks, like LOTR, but it's silly to hold that against it.
You also like Trigun. That, I can hold against you.