I have seen this twice now and for some reason took my time getting around to it. This gem was directed by Hong Kong phenom Stephen Chow. It surpassed Chow's earlier notable effort, Shaolin Soccer, as the highest grossing Hong Kong made film. As of 2005, it had the widest US release of any foreign language film(I am not sure how that is possible with the incredible success of The Passion of the Christ).
Chow's parody of the 70's Kung fu genre is spirited, funny and affectionate. His hero is a cowardly would be criminal, his villans are laughable and the only truly fearsome sight is the
landlady when the rent is past due.
Chow is currently working on Kung Fu Hustle 2 which is tentatively scheduled for 2008.

It sucks. It's pretentious. It's Sucktentious.