There's an HD Webrip out, with hardcoded subs!
The movie reminded me a lot of the 90s Hong Kong wave in terms of look and style. The build-up and final fight, the love interest, a bunch of frustrated side-character cops, the villain's wannabe-cool sidekick, the whole thing. Regardless, the fights looked great. They're a bit rough around the edges (poor 'hit detection', Rick Flair level flopping) but the camera work and choreography are mostly great.
The main guy also isn't too impressive a fighter, nor does he have a strong screen presence (instead he has the most swagless haircut I've ever seen), but he's got enough moves to be convincing as a fighter. Apparently he's been close friends with Reeves ever since they worked together on The Matrix, and he was actually the inspiration for Reeves to do this movie, so I can respect it.
Which brings me the weird part because even though he's the director, Reeves of all people in the movie hammed it up the most. His role is basically a homage to other western villains in Kung Fu movies, who are often shown as clinical and stiff and Reeves does just that with the occasional outbursts of Nicolas Cage type madness. If he was just westerner living in Asia, you wouldn't differentiate his role from all the other western villains in Kung Fu movies, so I guess he succeeded at that.
Regarding his own fighting skills, you can clearly tell Reeves is not an experienced martial artist since his fighting lacks the speed, precision and focus of everybody else (including The Raid's Iko Uwais in a disappointingly underused role) but they cover up it up well with the editing. Also, the way he towers over the (short) main guy helped to make him look more convincing a threat even when you know he isn't, kinda like Kareem Abdul-Jabbar in Game Of Death.
In the end I'd give it a 3 out of 5. It's an average martial arts movie with average fights, but they were shot better than fight scenes generally are in these type of movies, so that's a plus.