There is a movie with James Woods that I keep mistaking for this one.
Anyway, it falls under the "What did you expect?" category of flick. It's not good... it's not bad either. No one expected it to be a box office bomb, no one expected it to be the next big thing either.
They set out to make a fun and entertaining throw away cop movie and that was exactly what they ended up making, a fun and entertaining action flick.
And that is all it is, something to like and throw away, so it did it's job.