Well... sound and graphic wise, it sure beats Atari 2600. but I don't know about the gameplay wise. I just sat in the past 3 hours to play and not only did I get far, I finished the game on an emulator. The control seems a bit sluggish and when you ride bikes, the left/right control are very touchy yet the bike doesn't fall over if you do a hard 180 while peddling full speed.
The only connection with any classic game is at level 10 when you have to get the mothership down, it's almost like playing Jupiter Lander. You got to land in the right spot in certain time and if you go down too fast or are moving sideway, you have to redo again. Don't know about those blue flames as I can't recall seeing and flames from the movie version.
When it was finished, I got a simple 'The End?' Nothing fancy at all. Maybe I'll hang around the dump and wait for a load of 5 million ET cart joins it's 20 years old ancestor.
Oh yeah, prepare to get cramp while peddling on the actual GBA.