At The Box Office: An '80s Flashback Or Two

By CBS News' Karina Mitchell

For those of us who reveled in - or at least remember - the rush of the '80s, a time dominated by hedonistic pleasures and the intoxication of Wall Street, this week's "Showbuzz" provides a blast from the past.

In an era when excess was synonymous with success, everything from finance to fashion to food sought over-the-top results. This was reflected in pop culture, too.

Larger-than-life figures like Michael Douglas' Gordon Gekko from "Wall Street" and Joan Collins' Alexis on "Dynasty" provided a window into the "go-go 1980s" where big money, big hair, big shoulder pads and big action dominated large and small screens.

This week, filmmakers are hoping to cash in on the nostalgia with remakes of two big-name brands from that era.

Director Joe Carnahan brings back "The A Team" - Hannibal (Liam Neeson), Face (Bradley Cooper), Murdock (Sharlto Copley) and B.A. Baraccus (Quinton "Rampage" Jackson). In the latest version, which includes a butt-kicking Jessica Biel as Captain Charisa Sosa, the foursome of misfit heroes-for-hire, now crackerjack Iraq war veterans, are out to vindicate themselves. They are accused of a crime they didn't t commit after being commissioned by a dubious CIA officer (Patrick Wilson) to retrieve a billion dollars in U.S. counterfeit currency. Biel's character is the U.S. military captain charged with bringing them to justice. She's also Face's ex-girlfriend.

This version of "The A Team" provides all of the same high action and antics of the hit 1980s TV show and then some. It's a gangbuster summer blockbuster with all the larger-than -life action you could hope for. (Ah, I love it when the "Plan" comes together!

Also out is Columbia Pictures "The Karate Kid," starring Jaden Smith, Jackie Chan and Taraji P. Henson. Directed by Harald Zwart ,this remake of the film that starred Ralph Macchio and Pat Morita, revolves around Dre Parker (Smith), a 12-year old who finds himself completely displaced when his mother moves him from his home in Detroit to Beijing, China, because of her work.

After falling for his classmate Mei Ying, Dre finds himself in a clash of cultures that he cannot overcome. Things get worse, when Cheng, the class bully, is angered by Dre's interest in Mei Ying and gets aggressive with a series of martial arts moves that leaves Dre not knowing how to stand up for himself. That's when he meets Mr. Han (Jackie Chan), a martial arts master who teaches him all the right moves. Dre quickly learns, however, the art of Kung Fu is more than just parries and punches; it can put you squarely in the middle of the fight of a lifetime.

Jackie Chan fans should definitely not miss this chance to see their martial-arts icon do his thing. He is in his element in this film, giviong one of his strongest performances ever in an English language film.

Charismatic Jaden Smith, son of actors Will Smith and Jada Pinkett Smith, shows he's got his acting chops.

Even though the question on everyone's mind is, "What does this film have to do karate," it's a nice diversion from all the other animated, 3-D movies out this summer.

For those afflicted with 'Bieber Fever,' check out the result of Justin Bieber's jam with Jaden Smith on 'Never Say Never,' the theme song from the film.

That's all the buzz for now. Be sure to check out the "Showbuzz" next week for more summer movie action.