Oh yeah, it's good. Not great but good. I first saw it when I was about your age and didn't like it, if fact I nearly hated it. I was expecting John Woo meets Basic Instinct and I didn't quite get that. The film is very campy but fun. I later started liking it more and now I watch it every now and then. Just don't expect any A-grade artsploitation like the japanese 70's exploitation films.
The HKL dvd is excellent. Uncut "director's cut", good transfer, good audio, audio commentary with director Clarence Fok and someone (Jude Poyer maybe?) and more than an hour worth of great interviews with Simon Yam, Clarence Fok and and Wong Jing. Plus the usual trailers and text infos. And the menus are some of the best I've ever seen.
Good film (and a huge classic) and an excellent dvd. Needs to be in any HK collectors collection. Money well spent Max