This is Japanese CyberPunk from Sogo Ishii. Yes, yes, the guy that did the insane "Burst City". "Electric Dragon" is a touch more linear, and benefits from that for my tastes. This is shot in black and white, with deft camera movement and embedded animation, Manga style. I'd like to comment on the terrific music that Dragon Eye Morrison (our hero) wrenches out of his electric guitar.
The movie is short, loud and fast. It has a stripped down lean feel, like an old biker film with a sheen of art and better editing. This is highly recommended with the caveat that it is not for everyone. It is non-linear, abrasive and gorgeous. The soundtrack is psychedelic punk guitar. There are no Asian women, no Kung Fu, just the crackling of 80.000v!
