Ha, I've seen all six episodes of the original OVA, and the first of the second!!
All in all, it's really messed up, pretty violent at times, and fairly misogynistic. The episodes have you going "Oh, yeah" one minute and "Jesus Christ!" the next. I'd really recommend not seeing it, as you're not missing out on anything.
Anyway, back on the main topic...
One of the reasons I'm so pessemistic about live action remakes like this and the upcoming
Akira and
Dragon Ball Z films is for two reasons:
1. I really don't think that they will result in a workable and well made end product.
2. Keeping my opinion about these kind of films low will eliminate in any disapointment I might have when seeing it. I will either have my initial beliefs confirmed if they are horrible, or I'll be pleasently surprised in the off-chance that they are actually any good.
But it's mostly for the first reason. I just don't have a good feeling about this...