Not the whole movie, but a pretty cool scene. It’s pretty awesome. This is an entire scene, played out completely in ASCII. It’s the scene where the Agent dodges bullets, then Neo proceeds to dodge bullets himself.
See the ASCII Matrix: ASCII MATRIX
UPDATE from Ankeon:
I noticed that there is another Matrix clip on that site:
along with clips from other movies:
If you look at the source code, you can see all the frames in there. This would look cooler with black background(000000) and green foreground(00FF00), kind of like the matrix code.