While the visuals don't stand the test of time, the story becomes ever more plausible as we delve into the future. As the title of this brief barely-a-review indicates, this is virtually the same story as 2005 movie The Island, without all the ridiculous, over-the-top, action sequences. Clonus is not without its own explosive scene though!
If you can tolerate the poor quality (compared to today's HD standards) audiovisuals, then I recommend giving this cult classic a view. Not being a fan of Scarlett Johansson, I'll prefer to watch this, over 'The Island' any time.