New DVD Release 1/26/10 by Tokyo Shock!

Not sure if it is a widescreen version but I would assume it would HAVE to be after all the full screen cropped piece of crap versions.

http://www.hkflix.com/xq/asp/filmID.551239/qx/details.htm

http://www.amazon.com/Five-Element-Ninjas-Shaw-Brothers/dp/B002IRYYKA/ref=sr_1_1?ie=UTF8&s=dvd&qid=1263862651&sr=8-1