Wanted to see something that I did not need to think about so I streamed this (legally online) to re-watch. (I don't think I ever finsihed it the first time)
I have to say that the movie was probably intended to promote the game, but gosh it made other movies made to plug a video game look like Oscar contenders. This is not a sequel to Street Fighter II: the animated movie
Sure, it had some moments of decent action, but the problem was the plot execution that was wrapped around to set up those action scenes. Nothing is really explained, and the plot was riddled with holes. It all focuses on Ryu, Ken, Chun-Li and Shun, and while that wouldn't be a bad thing, the way everything revolved around them was shamelessly executed. It also stops just when it was about to get interesting.
Well, if you are bored and a Street Fighter fan, better see STREET FIGHTER 2 The animated movie instead. [1 1/2 Out of 5 Stars]
Look at the photo below, even Ryu is crying over the bad quality of this movie LOL!

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BTW, that pic is from SF: Generations, but I think Ryu was crying the same in that bomb.