Update: Since watching Syfy's Riese, Webseries are sprouting up all over. Some of the best (IMHO) are Felicia Day's The Guild (a hits-too-close-to-home but hilarious geek fest about gamers – watchtheguild.com), Mercury Men (brooding black and white, retro sci-fi where the bad guys are atypical glowing white beings – syfy.com), and Jane Espenson's ultra-short (each episode is under three minutes) Husbands (husbandstheseries.com).
I watched SyFy Channels' 10-part Web mini-series "Riese" yesterday. It's a little Steampunk and a little Camelot, but what it is mostly is little. Each episode is less than 10 minutes long. But this suited me just fine. I watch most of my TV on Hulu these days while I'm working on something else. It's a whole lot easier to watch a series of short episodes than hour-long ones. And there are so many interesting shows to watch now that it becomes daunting to try and get up to speed on an entire series.
The actors were culled from other SyFy series, and the acting bar is not set too high. What was amazing to me is how the story still held up with only ten minutes to develop each episode. The show concept is not breakthrough, though it still holds some surprises. Basically, the Hero Princess is on the run, her family killed in a power grab. It is she who has to set things right and de-throne the current empress who is keeping the good citizens down. The Steampunk aspect has an important part in the story, though it only really comes into play in the last few episodes, and you are left wondering in the beginning why people are wearing goggles and leather face masks. There is court intrigue, the prerequisite amount of sword and crossbow action, Goddess worship and a masked bad guy to round things out.