the 1992 movie was good because it was original from the game storyline (if youve noticed, it has one) where ken turns evil and not ryu...
ive seen the KoF 4 episode anime and its pretty cool, some good fight scenes, they shouldve made a series for it, but they only made these four eps to advertise Maximum Impact 2.
if your talking about KoF Maximum Impact 1 & 2 being better than street fighter, you should stab your eyes out with a fork. they are the worst games ever. but i guess the old school KoF were alright.
this Live action could be interesting if they get the right characters, ryu and ken and akuma better be some awesome actors. and storyline better have some sort of tie in with the game and have absoloutly no connection the the 1994 live action film, the first live action had the shittest actors, and none of them could do anything special, they wasted all of the characters (like cammy, T. Hawk, Sagat, Vega, Dhalsim, blanka etc...) i wanna see some hadoukens and hurricane kicks and Shoryuken's etc...