Some people have too much time!
Looks like someone at the University of Washington converted a clip, of the original Matrix bullet time scene, to ASCII!!
http://abstract.cs.washington.edu/~renacer/ascii-matrix.html.gz?D0=80
You need a high-resolution monitor to see the full picture!
HOW did they do that?!?!
I was able to get videos of MadTV’s Kenny Rogers’ Jackass to play through that once. It was pretty…texty and…letter…rific.
Looking at the index:
http://aa-project.sourceforge.net/index.html
They are still developing that!?! That is so last century! 
Anyhow, thanks for the info Jrootabega!
Old
I suppose you want to say they rendered it in ASCII as an allusion to the Bible?