Been there, done that.
But it doesn't count as a movie, that's a game for the Philips CDi, those days, the days Nintendo mistakenly left the developement and alliance with Sony to release the SNES CD, in order to join with Philips, I am glad that happens, Nintendo is partiallity guilty of the existence of the PlayStation series...
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If it counts as ruins good series...then a Full Metal Alchemist Live Action movie, could do it...if done wrong...OK, I am bored so I'll start writing all the Japanese Live Action production Movies that were made, or are in already announced, from games or animes:
Ace Wo Nerae (Aim for the Top)
City Hunter
Dragon Ball - The Magic Begins (see, there is already a movie):
http://www.youtube.com/watch?v=1Kw3wnE7CKw&search=live%20actionFist of the north star (Korean) (Hokuto no Ken)
Full Metal Alchemist OVA (seems good)
Gatchaman
Giant Robot (old mech here)
Great Teacher Onizuka Live Action 2
GTO (Live Action) - Driver's High
Hikaru no Go
Inital D
Lupin the 3rd
Marmalde boy
Neon Genesis Evangelion (US)
Prince of Tennis
Punch-Out (yes remember the game, this one goes with Harvest Moon and Animal Crossing)
Saikano (Saishuu Heiki Kanojo) (seems good)
Sailor Moon (JAP) (WARNING: may cause brain meltdown)
Street Fighter (JAP, or City Hunter fragment?)
You Are Under Arrest
I am tired, the list goes on, but there is already enough crap material to sent the viewer to a certain death...
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Well, the worst case of US movie broadcasted on TV based on a JAP concept that I could recall, it is Street Fighter, it just screwed the series for all eternity...they were drunken when they decided to make that abomination...(they try to fix the damage with the game based on the movie...but it was too great to be solved that way and blablabla)
In the otherside the Japanese Live Action Movie of City Hunter is made by Jackie Chan, features a parody of Street Fighter and it's old classic arcade game

:
http://www.youtube.com/watch?v=55Z48SMWSHs&search=jackie%20chan%20chun%20li#I need to stop laughting

at that or I'll pass out (is that possible?)