Streets of Fire.
It is a damn stupid movie.
The plot is dumb, the acting is kind of stiff, and the main villain spends half the film in vinyl waders.
From a stylistic standpoint, however it is a fantastic movie. It's sort of what you'd get if you made a movie out of a side-scrolling brawler. Visually, it draws from fifties-style urban areas, but with that grimy feel you get from films like Escape From New York, and the soundtrack is amazing.
I recommend it, honestly, if only for the visuals and the fact that the main character blows up motorcycles with a Winchester.