Short summary: Kung Fu Hustle has the best superhero action ever put to film. There is a new god in the pantheon of action directors. Unfortunately, the film isn't that funny or endearing, especially compared to Shaolin Soccer. Still, the action is good enough to turn me into a babbling fanboy.
More details, no spoilers:
PROS:
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(Warning: Action geek ranting)
The action. Stephen Chow has just stepped into the pantheon of action god directors. There are things here that I have never seen in any other film before. Maybe take the very best moments of Matrix 2 & 3 and Shaolin Soccer and you have a glimmer of what to expect. Like those beautiful slow-mo shots of Neo & goons running along walls during the Chateau fight plus the huge scale of the final Neo vs Smith battle combined with the energy & style of Shaolin Soccer. Just awesome.
From a staging viewpoint, the fight design is BRILLIANT. The imagination on display is awe-inspiring. Complaining that it's special effects heavy is like complaining that the Hulk ripping tanks apart is unrealistic. It's a superhero action film. If you're expecting Bruce Lee realism, then you will be disappointed (though a few brief, down-to-earth moments of complicated trapping & jamming combos make me think they're the remnants of Sammo's input). Everyone else should be blown away. Wait till u see the final fight. Frikkin' awesome.
From a filmmaking standpoint, Chow has turned into the fucking man. I'm serious. There are sequences here which speak of such an amazing facility with action filmmaking that I kinda hope Chow just makes action flicks for a while. I'm talking about those sustained sequences where the camerawork, music (there's awesome use of traditional Chinese music), pacing, editing, and everything just come together so perfectly yet seemingly effortlessly that you know you're witnessing virtuoso work. The last time I felt something like that was the Moscow chase in Bourne Supremacy. It's just something special. And KFH does 2 or 3 times during the film.
I have to stress how much I loved the camerawork in the action scenes. Awesome "power" angles and Chow uses certain wide angle lenses during the fights that really make things look cool. I can't quite describe it, but it just looks very dynamic. You saw it a bit in Shaolin Soccer, and it's put to even better use here.
Finally, the special effects are beautiful to look at. Not necessarily convincing, but beautiful. CGI seems to have gotten really good even in cheap movies during the last 2 years. Have you noticed that? Even in foreign or second rate Hollywood movies, the CGI isn't bad. Wonder what happened..
CONS:
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Sadly, the film isn't very funny--I laughed maybe three times--and not a single one of the characters is given any significant development. Shaolin Soccer was fantastic in the way that it managed to be hilarious while creating genuinely endearing characters. As a result, there was a real sense of drama by the end of the film. Not so much here.
Overall, the action alone is enough for me to recommend Kung Fu Hustle, but if you're hoping for belly laughs you will be disappointed.