This is coming from a true fan of the video game franchise created by Ed Boon and John Tobias. Reverse anagram Boon and Tobias to get the character Noob Saibot(I wonder why he hasn't been featured in any of the storylines so far in the franchise).
The story seems to be inspired by the MK11 video game with characters introduced in MK Armageddon (for those who are not familiar with some of them).
The plot has a very beautiful unusual concept of a Mad Max inspired dystopian future, the art style is very beautiful and stylish, voice acting is decent and of course there is the characteristic over-the-top gore. It's strongest point is the action which is fluid and contributes to the overall entertainment.
Character development is good, even though it's focus is on the two main characters. Could have done with more details into Kenshi's training and development into the blind swordsman. It's lengthy but still not properly handled. That part of the plot was a bit all over the place. The movie's plot twist involving Kenshi's relationship with both Shang Tsung and sub zero threatens to affect it's faithfulness to the source material.
Pretty decent action which is not lacking in entertainment value.