‘Terminal Velocity’

A rousing, good-looking action-adventure with romance and comedy, this 1994 release couldn’t be more up to the minute, yet its pleasures hark back to movies’ earliest days of exuberant, lightning-fast, cliffhanging serials of the silent era and the aerial exploits of such classics as “Wings� and “Hell’s Angels.� At heart its premise is simple and timely, shrewdly not revealed to us and our equally bewildered hero, Charlie Sheen’s daredevil sky diver, until more than an hour into the story. Against mounting yet mysterious danger director Deran Sarafian creates imaginative and amusing characters for Sheen and leading lady Nastassja Kinski to play to the hilt (TMC Friday at 2 p.m.).