It goes and does! Bikini Karate Babes is a 2D side-on fighter that uses full-motion video. Apparently IGN are both impressed and appalled by the total and complete horribleness of this title, thanking goodness for backyards and low scruples, "Aside from the horrible control, mind numbing audio, baffling everything, and complete, unadulterated insanity, this is a terrific game that should be immediately purchased by anyone with a lobotomy or currently in the process of getting a professionally done or self performed lobotomy."
But it has breasts.