Two quick takes:
I also like Time 1 a lot. I don't really care about the melodeath of the last decade or the current wave of folk metal....which, if anything, has resulted in me NOT having the burnout on it that a lot of other people have. So, an album that sounds like Time I is something I can approach with fresher ears than someone who has long feasted on other albums like it. Perhaps surprisingly though my favorite track is track 3, the slow one.
And Flying Colors RULES, one of my favorites from this year too. Awesome awesome awesome.