Let's get the bad out of the way quickly: The plot is as flat as the acting. Bad dialogue is littered throughout the movie. I don't know if they were trying to be "comic book-y" but the script comes across as a joke of an action movie. The plot relies on one movie cliche after another. Throw in the stereotypical neo-German bad guys and the weird pasty white Hydra goons and you've got yourself a real mess. The (apparently) low budget, boring action sequences, and the anti-climatic climax are merely the final nails in the coffin.
Now, it's not all bad. The film is littered with a dozen or so obscure Marvel comics references. They worked in quite a few characters including Contessa Valentina de Allegro Fontaine, Andrea Von Strucker (Viper), Dum-Dum Dugan, Arnim Zola, Werner Von Strucker, Clay Quartermain, Baron Von Strucker, Life Model Decoys, and the "Death's Head" virus. It's always good when a movie goes back to the excellent source material that inspired it!
And despite all of the negatives in this film, in the end David Hasselhoff didn't do THAT bad of a job. He actually kinda looked pretty cool with the eyepatch.
1LR Review - 10 out of 20 - It's a Miss!