So really, what's great about "Master Z" isn't the way that its creators transcend their chosen formula, but rather how they perfect it.

The lush production design by Raymond Chan, Joyce Chan’s swanky ’60s costuming and some astoundingly clever set pieces — a duel between Tin-chi and one of Kit’s thugs atop of a strip of neon signs, a brilliantly old-school four-way fight at Cheung Kok’s offices, a whiskey glass tango with Yeoh — more than make up for any plot flaws, with the exception of the shameful underuse of Tony Jaa as a mysterious assassin.

A lively, fun one.

Yeoh’s fantastic as usual, making an impressive series of moves while not disturbing a single hair on her period Joey Heatherton hairdo.

The studio set recreation of Hong Kong’s famous Bar Street, along with the gaudily delectable costumes throughout, give Master Z a dreamy heightened artifice. More than once, the film seems on the verge of breaking into a vintage Hollywood musical.