Plot so thin, it passes unnoticed.

It isn't all that great, actually. Really cheesy and very predicable of how certain scenes are gonna turn play out. However, I guess that's the charm of it all, because I would consider this one of my guilty pleasures.

This is one of the few movies I've ever seen where the whole audience broke into spontaneous, loud applause a third of the way in.

Yes, absolutely, there is fun to be had, as well as many, many things to go boom, all amid an atmospheric urban jungle.