In no particular order:
Nightwolf - What a badass. He's like a human Raiden. Pure shaman spirit with badass warrior blood. Took out Sindel like a boss.
Cyber Sub-Zero - I thought he was portrayed very well in this, with his battle between human/cyborg. Had good parts in ending events (fighting goro+kintaro was awesome)
Ermac - I know he didn't have much of a story, but his appearance and just plain presence is very menacing. I love his alternate design, and he's just a badass character. The darth maul of the story.
Honorable mentions: Sindel - Wow, her destruction of most of the characters herself was epic (yes I know, with shang's energy infused, but still)
Dumbass award: Smoke - Would be cool and collected one minute, and then a complete prick the next, getting his ass kicked in the process.
The shaft award: Reptile - Did anyone not beat his ass xD
Nightwolf - What a badass. He's like a human Raiden. Pure shaman spirit with badass warrior blood. Took out Sindel like a boss.
Cyber Sub-Zero - I thought he was portrayed very well in this, with his battle between human/cyborg. Had good parts in ending events (fighting goro+kintaro was awesome)
Ermac - I know he didn't have much of a story, but his appearance and just plain presence is very menacing. I love his alternate design, and he's just a badass character. The darth maul of the story.
Honorable mentions: Sindel - Wow, her destruction of most of the characters herself was epic (yes I know, with shang's energy infused, but still)
Dumbass award: Smoke - Would be cool and collected one minute, and then a complete prick the next, getting his ass kicked in the process.
The shaft award: Reptile - Did anyone not beat his ass xD