I'm gonna hafta agree w/ 1SwtDeception. Speaking as an Asian, it's nice to see my fellow cohorts getting their due exposure. That said, the movie itself wasn't that great. I saw the pressures they go through but I saw the movie w/ a few of my friends of immigrant european parents (Russian, Serbian, & German if you're wondering). They said that it reflected the pressures they were going through as well so I don't think it necessarily reflects on Asian-Americans alone.
At the time of the movie's release, being asian was a trendy thing to be - reflected in the mannerisms, fashion styles, etc. but at the core of it all, had you replaced all the actors using children of immigrant euros, it probably wouldn't lose much in the way of translation/impact. The only difference would be their ethnicity.
The reason it gets so much attention is that Asians are still not integrated into the American psyche as much as, say, black people or latinos. This is reflected in the media I've watched over the years. Watching shows such as Good Times & the Jeffersons and recently Fresh Prince of Bel-Air, as well as the mainstream acknowledgement of stereotypically black culture such as gangsta rap you can see the evolution of social acceptance black people have in America. What are asians mostly known for? Chop-socky kung fu flicks or foreign film. You'll get the occasional asian in shows like star trek or Lost but they're the exception, not the rule. Even moreso, if anyone is willing, count how many asian males vs. females are in vivid exposure in american entertainment. You'll see far more females being allowed into a wider selection of roles than males since they have exotic appeal which caters to the all-important 18-35 demographic. How many males can/have you seen in roles that didn't involve using a martial art or tuning up a Civic? Very few. I don't think it's necessarily america's fault either. I think it's due to asian communities insular' nature. For the most part, asians have lived in homogenous communities and thus hang out predominantly w/ other asians. It's only recently you'll see much more diversity than before because there are more 2nd/3rd gen asians who hang out w/ a wider selection of ethnic friends. I myself hung out w/ all latinos growing up and didn't have any asian friends till college. Even now, I have more non-asian friends than I did before.