The user review first to pop up when one opens the IMDb page is not only unfair, but IMHO idiotic. This is a masterpiece you MUST see.
As everybody who has read the novel knows (and I have read it at least four times), Master i Margarita is a 20th century masterpiece, perhaps THE 20th century masterpiece as far as novels are concerned. Theoretically, it is impossible to adapt to film. Yet Vladimir Bortko managed in this mini-series to convey to the viewer all the magical beauty, as well as the penetrating political satire, of the novel.
Of all the scenes/themes of the novel, only a single one is missed: the hoarders of hard currency locked in a theater for re-education and recanting. It is an inexplicable omission, however it does not affect the value of the mini-series. Then there are matters where one cannot follow Vladimir Bortko, as for instance the (IMHO) inconsistent alteration between BW and color. But just watch the mini-series, and you are lifted into a world of magic - magic realism for that matter. All actors are accomplished theater actors: close your eyes and you can imagine them playing Chechov on stage. The Russian they speak is seductively beautiful. I do not speak the language, and mini-series like this make me regret it: a friend of mine (native speaker) who watched it together with me was constantly laughing or frowning at parts of the video where the English subtitles gave no clue of anything. And, from a male viewer's perspective (Bulgakov was if anything a skirt chaser), you have to watch it even just for the pleasure of voyeurism. Anna Kovalchuk as Margarita is fragile, beautiful, erotic, daemonic: the woman you had always wished you had loved, and be loved by her in return. Dela the witch/vampiress is extremely seductive. And the eroticism of some scenes, most notable the Spring Ball with all these beautiful women clad only in jewelry, feathers and stiletto high-heels is, I think, impossible to beat.
I give it only 9/10, because 10/10 goes to the novel.