It's the 1940s, and the notorious Axe Gang terrorizes Shanghai. Small-time criminals Sing and Bone hope to join, but they only manage to make lots of very dangerous enemies. Fortunately for them, kung fu masters and hidden strength can be found in unlikely places. Now they just have to take on the entire Axe Gang.

A movie within a movie, created to spoof the martial arts genre. Writer/director Steve Oedekerk uses contemporary characters and splices them into a 1970s kung-fu film, weaving the new and old together. As the main character, The Chosen One, Oedekerk sets off to avenge the deaths of his parents at the hands of kung-fu legend Master Pain. Along the way he encounters some strange characters.