There is a wind that blows and all the good things grow with it. After the wind is gone, the good things turn back and never come any good things alike again.
So this film is from a wind that was blowing during that span of years in Hong Kong, never again you would be able to see those director, actors, screen writers, dress designers, stunt man so passionate and joyfully getting involved for fun, for imagination, for successful results.
The same name, even same director had shot anther one with the same Chinese name in 2011. It's rated very low in IMDb and it's rated like 3 in a Chinese review site. You can see how people hated it because the lack of dedication of the actors, the ridiculous taking-audience-as-a-fool jokes and random involvements of all the celebrities from musical industries into the acting business and they are naively thinking themselves that they are doing a good job. It's a shame, as simple as it is.
But this film has stars in it, real stars. Leslie Cheung, Tony Leung, Carina Lau Brigitte Lin, Jacky Cheung...I just can't name them all here. The director is the same director who 2 years later directed the 2-squeal films (A Chinese Odyssey Part One: Pandora's Box, A Chinese Odyssey Part Two - Cinderella) which turns to absolute classic now and ever and make Stephen Chow an iconic star as well.
The Mandarin voice-over done by Taiwan people is superb so if you are learning mandarin, it's top Mandarin. Originally it's Cantonese.
If you like Gongfu movie, this one is a blast. It's fine nice delicate cut between a flying Gong Fu super power guy and gravity still making sense here. It's a blessing in the 90s when computer is not good enough to make all the digital stuff. I personally prefer a stunt man than GC effect, it's real fake, not fake fake.
Again, the wind was there and people had no intention for fame and fortune because there is none, they made a laugh and take great joy about what they did - this film.