Lakota would tell you it was the single greatest victory the Lakota People had over the US soldiers who had come to enforce the stealing of the sacred Black Hills. For years afterwards, at western shows and rodeos, the Lakota would have a "salute the flag" ceremony. What most people didn't know was that they were saluting the flag they took from Custer during this great victory.
If Custer had lived, it might have actually been better for the Native peoples, as he was vain and a rash person, with poor battle tactics. Sadly, since the US had bigger weapons and more people, the Lakota's cause was doomed. The US government would steal the sacred land of the Black Hills so that white miners could steal the gold.