While both are still iconic, and deserving of cult status, they are not quite as good as we've been led to believe.
Both films, however, are victims of a level of nostalgia which has greatly rose-tinted their stories and their presentation. It holds a similar position to Labyrinth in terms of fan affection, with the merest mention of the tagline producing knowing grins every bit as much as the opening lyrics of 'Magic Dance'. In the twenty-seven years since its release, Highlander has taken on a reputation as one of the quintessential cult films of the 1980s. But it takes a special kind of cult classic to completely split your brain in two, with one half seething at how stupid it is, and the other half smiling in enjoyment. Cult classics are flawed gems, with even the very best having characteristics which prevent them from ever being completely embraced.
Part of the appeal of cult classics is being able to simultaneously love and hate a given film.