Awesome list, great job.
I think out of all of them - Street Fighter would be the best. In the same vein would be Mortal Kombat 2 imo, but Street Fighter would be funnier I think.
I forgot about the fighting movies haha, rumble in the bronx, bloodsport.
They really should riff an old Kung Fu movie, maybe the Wu Tang/Shaolin series, Master of the Flying Guillotine or Snake in An Eagles Shadow.