Hi all I went to see Zatoichi (The Blind Swardsman) tonight and is without doubt one of the best martial art films ever made. It totally KICKS ASS. Its directed by and stars one of Japan's screen legends Takeshi Kitano. See it now you owe it to yourself.
While it is indeed a cool movie, I wouldn't class it as a martial arts movie. Sure, there's a few short fight scenes, but it's more of a period comedy/drama. It's been out for a couple of months now, but it's not the greatest IMHO. I seriously want his sword.