I Come in Peace (aka Dark Angel)- Possibly one of the best pieces of action schlock to come out of the genre at it's height. Dolph Lindgren is a cop who has to take down a group of giant aliens that are murdering random people with flying CDs for their brain juice which is apparently sold as a drug back on their home planet, or something. Doesn't matter, it's just an excuse for the aliens to have these crazy predator looking gloves/gauntlets that suck out brains and have goofy weapons built into them.
It has practically every action and cop movie cliche ever, literally:
Asshole Police chief, check.
Partner gets killed and main character must go on a revenge mission, check.
New partner who strictly goes by the book, while the main character plays by their own rules, check.
Troubled relationship with an old flame, check.
Everything blows up when shot, check.
Unlimited ammo, check.
Car chase, check.
Titties/strip club, check.
It's also a Christmas movie lol
It also has some of the funniest and clever scene transition editing I've ever seen. Like an alien is going to stab someone in the face with a big spike and it cuts mid thrust to Dolph playing pool with the spike dissolving into a pool cue. It's not just once or twice, it's every scene transition.
Oh yeah he also has to fight a gang called the "White Boys" that is comprised entirely of Lambo driving Wall Street yuppies that have machine guns and can kickbox.
It's pretty awesome. I remembered seeing bits of it on cable as a kid but watching it as an adult looking back at the genre and time period elevates it's to something special. It has enough budget, it's creative and Dolph is strong enough to pull off the lead, so it's not a so bad it's good. It's just legitimately entertaining all the way though. It's also got Jan Hammer doing the soundtrack.