I only remember seeing this match when it originally aired, but it was really good. Hennig & Valentine kept it simple, they were just two guys trying to physically dominate their opponent and win the IC title. Neither man was just doing moves for crowd approval; both guys were actively trying to win, and the match was a lot more believable because of that.
Even though there was a little bit of Jimmy Hart silliness, this was a prize fight and both men sold it like they had been in a scrap. Good stuff from 4 legends!