I just watched this on a DVD rental today. It was nice to see that this action film had an intelligent plot and good acting. It was predictable insofar as the culprit behind it all, but the action momentum kept things flowing for offset. Perhaps the one thing for me that dropped this movie down by quite a few notches was the action background music score. It is very hackneyed and was so much so that it was distracting. This drumbeat bit with symbols dum dum dum dam bit does get old and pray that movie makers begin to find a new and different cool sound to accompany action scenes. An example would be like how many times would it take to listen to the Mission Impossible theme for suspense and action in a broad range of action movies before you'd start screaming? Changing the "beat" would have made a difference in viewing this movie and given it more integrity.
If stepping back in time in how rating movies of the past now as low budget B movies, that's about where I would categorize this action flick (even if the budget may not have been low by today's standards).
If you're wanting to watch an action film with racing cars, bullets flying and Snipes flexing his muscles and bopping heads, then you won't be disappointed in watching this movie.