Continuity mistake: When Lone Wolf and Little Wolf approach the bar in the saloon, there is a shot of milk on the bar before Barry orders it.
Visible crew/equipment: Early in the film you can see a microphone overhead above Jeff Bridges as he is talking to the teacher.
Continuity mistake: When Barry gets taunted by the coach when he's up on the rope climbing, especially the part when the coach says "keep going lady, don't even think about quitting," in the shot when the camera pans on Barry he is just 10 feet up on the rope, but when the camera pans down at the coach and the rest of the class it looks like he's at least 20 feet up on the rope. (01:09:40 - 01:09:45)
Continuity mistake: At the end of the fight in the gym, Mr. Horn comes in and stops it. Yet in the previous overhead shot, he is nowhere to be seen. The shots are meant to be directly connected - watch Cellini's hand. In the overhead shot, he starts brushing his hair back. In the close shot, he finishes the motion from the exact point he stopped in the overhead shot.
Plot hole: The Frying Dragon team wins the Breaking, Weapons, and Men's Fighting competitions, as well as coming in second place in the Women's Kata, yet they are still only tied for the lead in the end?