I think Dynamite Duke is a great mix of Cabal and Punch-Out. It's a board I keep meaning to pick up (I've only played it on MAME). There's a Genesis port as well but that's certainly not the same.
And I don't necessarily think he's a rip-off of Duke Nukem; he just seems like a generic macho video game character. The gameplay is at least fresh so even if the character is slightly inspired by Duke Nukem, I'm cool with it.
-Adam