Yes, that's four minutes of Ivan Drago singing A Little Less Conversation, dancing, playing the drums, and karate-breaking shit, and yes, you're welcome.
In fact, Lundgren's relatively low ranking in the pantheon of action heroes has always baffled me. He's been in tons of movies, but between Rocky IV and The Expendables, the vast majority of his films struggled to reach even C-movie status. Sure, his roles as Ivan Drago and He-Man give him enough 1980s cred to belong in the list of great old-school action men, but his actual legacy train seems to have stopped somewhere between Seagal Junction and Post-1990s Van Dammetown. This is despite the fact that the man is the closest thing to a real life action hero the scene has -- a Scandinavian giant whose mere picture can make criminals run for their lives, and who once legitimately punched Sylvester Stallone in the heart so hard that the man was hospitalized. Dolph Lundgren the real person did with one punch what Ivan Drago the fictional fist-god couldn't do with a thousand.
Even today, Stallone only attacks him from behind to play it safe.