Quite agree that they don't make films like this anymore, up to a point
In fact, they do, but just release them straight to DVD, whilst all practically every action film shown at the cinema has to be CGI'd and ridiculously special effected. Thank god they brought back Rambo, and (admittedly using CGI but a completely cool film) Die Hard 4.
Just need to get Snipes, Lundgren, Seagal, Van Damme and Dacascos back to the cinema. But the chance is a fine thing.