A PG13 Die Hard? There's no way someone's gonna talk me into watching it if he can't even say "Yippie Ki Yay Mother Bleeper!" Even if the movie was alright and everything, you could never show something like the bare feet sequences from DH1 in a PG13 movie.
If you want a movie that will beat you over the head with a spiked bat of unbelievable action: Takashi Miike's Dead or Alive.
NOT the video game movie, the one with Sho Aikawa.
Another good one is Deadly Outlaw Rekka from the same director. Full Contact by Ringo Lam is a classic, it did bullet time about a decade before The Matrix tried it. Shogun Assassin is an obvious choice, and of course, you really don't know anything about action movies AT ALL until you've seen John Woo's Hard Boiled.
As for English language action movies, nobody's beat The Road Warrior in twenty years.
Die Hard is the best American action movie when it comes to beating the crap out of the hero, which is what you gotta do. All the best action movies are like: Hero goes through some serious crap for about an hour and a half, and then BAM, he gets back at the big boss.
What is your all time favorite action flick? I know there will be a lot to choose from. Good luckMine would be Die Hard. Its a classic. I know now a days action films have much more action and special effects, but thats...