Well although I listened it on a netbook with very poor speakers, it seems that overall it is pretty good.
You may know or not know, that Carcassi etude number 1 was originally intended to be played by staccato (at all times) and using only thumb, index and medium finger. I believe it was Miguel Llobet who re-wrote the right hand digitation and applied ring finger also. The etudes were intended to be a didactic tool. If you want to use it as a didactic tool the way Carcassi intended, then ring finger should be not used at any time (for this piece), also the knuckles should be way upper than the wrist (opposite as nowadays), 4th 5th and 6th strings shold be attacked ONLY with thumb finger, the hand should be more parallel to the strings (not oblique like nowadays) and most important, with staccato at all times: Carcassi intended to create sort of a sequential-planting study. Of course more details on his method can be find online.
These were explained to me by a professor who heavily specializes in Carcassi and Sor. I have the PDF traslation he wrote if you want it. Or I also believe it is available online, who knows.
It is funny because that professor always stated that the Carcassi technique CAN and SHOULD be applied with our current modern guitars, as guitars from the classic-romantic era were smaller; but that doesn't matter (according to him) it can and again should be applied to our modern guitars because the differences were actually very small.
Of course it is possible with Llobet's digitation, and it still would be a very practical piece for study, hey I did it that way and most of my conservatoire mates also perform it that way.
You're reading this.