We watched it! Well, half of it. Got the rest recorded. Jackie Chan is such a legend, but I found the young lad a bit much. Obviously the film was really orbiting this kids status, and as such it was hard to sympathise with his character for quite some time. However, it's really not a bad film and much of the scenery and location was absolutely beautiful. Plus, owt with the aforementioned Jackie Chan in it is compulsory.
I would have been interested in a sequel for sure.
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Hasn't been mentioned for a year at least: http://www.denofgeek.com/movies/18702/karate-kid-sequel-pushes-ahead
No release date yet though they've said 2013.
John Kreese lives!
I would have been interested in a sequel for sure.