I thought VR was terrible IMO. Should have been titled The Gang That Couldn't Sail Straight. The decent gore couldn't make up for the terrible story and directing. It was like Herzog's Aguirre, the Wrath of God, but triple the amount of LSD and none of the good points.
**** MAJOR spoilers of this film, please skip if you plan on seeing it****
Um, I think you miss the point of the film entirely. It's a metaphor for religion, and how zealotry can lead to madness and the fall of man. One Eye is obviously an Odin archetype, a primal, old force whose faith is slowly dwindling. The more vital and violent Christianity is slowly subjugating his world with little thought or care for the people themselves. Both of them come to the new world, and what happens there is a symbol for the birth of America. I could go on about how wonderful it all is, but I'm not sure you'd really care.
edit- and One Eye is silent to represent the old religion being mute in the face of the changes of the world. There is nothing he can say to change the course, he can see his ending.