The DVD is great (I am talking about the HK Universe 2-disc). The movie and all extras are subbed in english, the film is anamorphic and features DTS and Dolby Digital 5.1 soundtracks. Unfortunately, the disc itself, while NTSC, is region-coded... so you will need a region-free player in order to watch it. Still a great deal for the $12.49 I paid for it!
As for the actual movie... meh, it pales in comparison to the original, but it's still worth seeing. I am of the mind that it's a great 90 minute film made into a mediocre 130 minute film... and yes, there is lots of unexplained anti-US talk (most of it only refers to the US as "that country") if that sort of thing bothers ya.