Everything We Know About: The Karate Kid

If you're like the staff at IGN Movies, ever since you first saw the original The Karate Kid you've been waiting and hoping for and dreaming of a remake -- and not just any remake, but one starring Will Smith's kid in the Ralph Macchio role and Jackie Chan as Arnold from Happy Days. And now, finally, your hopes and dreams are coming true this summer. Here's what we know about the film so far...

Certainly, the fact that the original 1984 picture would get a redux is no surprise. The coming-of-age tale of Macchio's Daniel-san and his martial-arts mentor, Pat Morita's Mr. Miyagi, was a cultural phenomenon, one that not only spawned three sequels (including a final installment starring Hilary Swank) but also plenty of pop-cultural touchstones. Wax on, wax off, and all that jazz.

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