The other martial arts movie that I watched recently was Ong Bak, although it came out in 2003, the plot I didn't care for much, but there were some real good fight scenes. Tony Jaa does some cool stunts, and Muy Thai is something that you usually don't see often I martial art movies (at least from the ones I've seen).
I've yet to see Ong Bak 2, and even though it seems to have the same actors, it doesn't seem like a sequel... more like a prequel of sorts with the actors portraying different characters.
I also like watching the Stephen Chow movies, like Shaolin of Soccer and Kung Fu Hustle. By the looks of it he's developing Kung Fu Hustle 2 and for a while it seemed like he would be playing Kato in the upcoming Green Hornet movie, but not it looks like he's out of the part.