Yeah. The moves like the Hadouken, Shoryuken and Tatsumaki Senpuu-Kyaku (Tornado Kick) all play out like their actual Street Fighter game counterparts. Theres even nice touches when the characters/actors fight (Like Ryu does his Close 2-hit overhead like in the actual games). The special effects are much better than that of the Chun-Li movie and each actor is actually fit to their origins (No American Chun-Li or Irish Bison this time).
There are some minor flaws you can see here and there but I also recommend watching it if you need something to wash the bad taste of the past Street Fighter movies.