Round 1: Match 1
Freddy Krueger vs. Jason Vorhees
Movie: Freddy vs. Jason
http://www.youtube.com/watch?v=szL7rjMvKn0
Not the greatest as far as fights go, and the movie wasn't even as good as some Friday the 13th or Nightmare on Elm St. movies. But they did exactly what (IMO) they should have done with this fight. Freddy out-thinking and being quicker than the lumbering strength-based Jason. And the weapon swap at the end shows more cleverness than I would have given the movie credit for. Plus, I felt required to have some horror representation in the tournament.
VS
Daniel vs. Johnny
Movie: The Karate Kid
http://www.youtube.com/watch?v=4NfkH3Q4JOQ
Again, not the greatest fight, even of its kind, but the lack of fancy technical finess is made up for by emotional investment. It's like the final fight in Rocky, but it's a lot better a fight than the Rocky fights where the punches obviously never made contact. Also made famous the oft-overused Crane Pose.