I watched it recently for the first time, and while I liked it much, I don't think it's that great a film. Rated it *** / ****
and Kar-Wai has definitely done better than that.
The four films I've seen from him I would list as follows.
1. Fallen Angels (Waaay the best).
2. Days of being wild
3. Chungking Express
4. As Tears go by (Has some minor problems)