First of all, Yahtzee, dearest, there is the option of switching between three equipment presets (melee, ranged and magic) on the fly, meaning that you can not only switch from your bow to your sword&shield with a single button, you can have that same button switch your entire outfit. Sure, ridicule the game for its flaws, but don't ridicule it for your inability to read the manual or PAY ATTENTION DURING THE TUTORIAL (which explains the concept).
That being said, the game is poop. Terrible interface, sluggish controls, laughable "plot", atrocious voice acting, lack of remotely interesting characters (the one dude that seemed like he might be fun gets killed off in the first 15 minutes of the game), overly complicated magic system which also happens to be the least effective combat method and is also made needlessly annoying by the poor interface, the list goes on and on.
But don't bash on it for not letting you switch equipment, because it does.