I never watched the 'Next Action Hero' show, and until reading the other comments here, did not know that this movie was the 'prize' from that competition. I was just flipping channels and came across this, and found myself watching, dare eagerly, all the way to the end.
Yes, the plot's been done (The Most Dangerous Game, etc.) but I was hoping for, and almost received, the 'gotcha' - how the protagonist was going to beat the hunter in the end. I think the high-tech was overdone (GPS's) and gave me cold-sweat flashbacks of Night Rider, but it nevertheless was not too overdone.
The basic problem I had with this movie was the degree of SOD (Suspension of Disbelief) that was required of the viewer. Do we really think that someone flying in a helicopter could lob countless incendiary grenades at a public bridge and NO COPS show up to investigate? Could a limousine do countless donuts in a Las Vegas intersection and NO COPS show up? Pleeease. Way too much of that type of thing - fun to watch, but keep it at least plausible, thank you very much.
The final solution was good, but the ending was disappointing, with the after taste of a bad Star Trek episode. At least now I understand why the acting was so cheesy - except for Zane, who doesn't get near as much work as he deserves IMHO - they were winners from a reality show.
Knock me out.