This is the second part of Wang Yu's ONE-ARMED BOXER-series (the first part oddly isn't found in the database here yet) and the best of the pack.
To get this straight at first, the plot makes no sense whatsoever and every non-Chinese person is definitly a treacherous honorless bastard that'll bite it in the end. So it's rascistic, dumb and darn violent as well (for an Old-School-movie that is), but WHO CARES?
Okay, so here's the "plot": Wang Yu, having lost an arm in the first part (chopped off by an evil Japanese and his multi-cultural gang of killers) has opened a fighting school and trained such fascinating skills as defiying gravity. An old blind Manchu-soldier, master of the Flying Guillotine (still one of my favourite weapons, also to be shortly seen in action in HEROIC TRIO) wants to take vengeance for his pupils killed by Wang Yu (oddly, those dudes were presented as Thai-boxers in the first...) and runs through the country beheading every one-armed to cross his path. There's also a big martial-arts contest (presenting a wide-variety of truly odd personas like the aforementioned Yoga-master) and a Japanese Samurai (surpisingly not having vampire-teeth this time, pretty subtle for Wang Yu), all providing Wang Yu with tons of fodder to bash, but mainly it's about the blind Manchu and Wang Yu battling each other, which results in a great showdown in a bird-house.
Sounds great, huh? This movie certainly isn't a very intellectual ride, will make you feel absolutely worthless if you're not Chinese (at least i did) but great fun, so go see it with some friends, beer and a few more chop-socky-movies!