The main problem with this film, amongst many other things, is the pitiful attempt to take the Streetfighter videogame heritage and do a Chris Nolan style Batman Begins/Dark Knight revamp with it...
Oh boy, was that a bad idea. Aside from the casting in this film - Kristin Kreuk as Chun-Li and the wholesale changes to the SF mythology, everything about this film is so deadly dull and humorless, it's as if Chris Nolan produced it.
The Jean Claude Dick Van Dyke Streetfighter movie at least tried to be faithful to the source material. This film thinks it's SUPERIOR to it... It isn't! The first film had the truly terrific Raul Julia as M. Bison. The late Mr. Julia had many a classic line of of dialogue ("Come, Dr. Dhalsim - once I've crushed my enemies, we'll see about getting you published!") or even his masterful "...but to me it was merely Tuesday!" speech.
Nothing like that here, of course. This is Streetfighter for the hipsters, embarrassed by their old games, seeking to be catered to per their newfound maturity. Sorry, guys - move along. Nothing like to be seen here!
Just because something is played straight and doesn't seem to be 'silly' and 'campy' doesn't mean it's better.
Watch this at your own risk.