One thing this episode does fairly well is recover the Borg from how weak and stupid they seemed in Dark Frontier
. Turning the Borg into a bunch of kids seems like a recipe for disaster, but the fact that five Borg kids are menacing and a match for Voyager makes the regular Borg seem even more powerful. I was pleasantly surprised by that.
The episode itself is fairly good, although Chakotay, Neelix and Paris all seem to get lost somewhere. After the last two episodes I was hoping the show was going to maintain the ensemble feel but this episode stays mainly focused on Seven and Janeway with a little Harry thrown in. The conflict between First and the rest of the Borg was a little too telegraphed, and his refusal to back down at the end was based in stupidity, but the other Borg worked well, particularly Icheb. The final ten minutes or so also falls into a generic fight sequence where Voyager wins with magic technobabble.
The Delta Flyer fires three torpedoes before they are captured.