Just watched it last week on Netflix. Seen this in the theater when it first came out( and several times on video/dvd since then. I love it!
I saw it on Netflix too! I hadn't seen it in probably 20-something years.
My 7 year old watched the tail end of it with me (Dudikoff & Old Japanese Guy vs. Fifty Zillion Evil Ninjas) and he thought it was the coolest thing ever, haha.
Yes, my 8 year od enjoyed it also.