Glen Taylor reviewed "Gods, Demi-Gods and Heroes" in "The Space Gamer" No. 9. He states that as "the fourth and purportedly last supplement to "Dungeons and Dragons"" it "might be expected from such a 'last bow,' as it were, this newest supplement is different from all three of the previous ones, in a major way. [...] This is by no means 'standard' "D&D" material." He commented that "I'm no scholar of ancient (and modern!) legends, but it seems to me the authors have given a view of the various mythological concepts which is both panoramic and scrutinously details, and as complete as possible within the space limitations imposed [...] Kuntz and Ward have taken material which has come down to us in a sometimes distorted and almost always nebulous form, and clarified it into a solid material which would fit in well with any fantasy game." Taylor concludes his review by saying that "Gods, Demi-Gods and Heroes" is worth the price "for the mere pleasure of reading it. For students of ancient legends it's a Type I treasure. It should much lived up any "D&D" campaign in which it is used".