White Phantom I do NOT understand all you guy’s fuss… This is a NINJER movie! Look at all the other ninjer flicks at that time. None of them showed ninjutsu, most of them didn’t even show Japanese Styles. At least this movie shows something familiar to Japanese arts.
Other movies take themselves way too serious (American Ninja, anyone?). White Phantom is low level fun, but without ridiculous exaggerated action every two scenes, and to me, that is worth a LOT! No wire fu, no flying ninjer, no ninjer who can teleport or make themselves invisible.
So in short: White Phantom offers a bit of fun, Japanese style of Martial Arts, no exaggeration and no “too serious” feeling. I don’t see the problem at all.