I have seen the movie, and it's enjoyable once. It has positive points. For starters, M°alin °Akerman took on personal risk by directly financing the movie. Second, there's some validity to the plot of women needing a place where they can pummel the pent up aggression society forces them to bottle up.
Now, of course, it does have its negatives. For one, this is no direct-to-video Female Fight Club (for the record a film I very much like) where the plot was worked out by stunt actors mainly focusing on the action. Second, it does have an unnecessary romantic subplot as secondary justification for the main protagonist and antagonist to fight, and around him the two women act like two trailer trash hoes.
As for Alec Baldwin, he does deliver an entertaining heightened parody of himself, but personally I never lost track of the fact that he's still a highly sought after Broadway actor who can afford to be in movies like this.