Donnie Yen's breakout role comes at the tail end of the old school martial arts boom in Hong Kong. Under the direction of Yuen Woo Ping it could go one of two ways: A kung fu based movie in the vein of Drunken Master and Snake in Eagle's Shadow or an even sillier excursion like Miracle Fighters or Shaolin Drunkard. This lands somewhere in the middle. I won't go over the plot, you can find it on other reviews.
This is mainly a goofy comedy with the fighting for the most part played for laughs. Puppets, fireworks, break dancing, bicycles are used as gags through the fights with the last couple fights displaying more of traditional styles. So is it any good? Let's get one thing straight: there is no drunken tai chi. I'm guessing the title was chosen to cash in on the drunken boxing craze that was on its last leg at the time. There is some great Tai Chi on display here. The training sequences are fun and the application is great. Donnie Yen also has a couple scenes using the rope dart which are stand outs.
If you are a big fan of Donnie Yen or just very goofy comedies with the Yuen clan's usual weirdness this will be up your alley. If you are looking for something more packed with fights and less goofy comedy I'd recommend Magnificent Butcher, Knockabout, or Legend of a Fighter, all classic Hong Kong films directed by Mr. Yuen.