I finally dug into this game with my brother this weekend, and I've got to say it's pretty fantastic. There is so much detail, and a collision system that puts every other game in existence to shame. Each fighter feels different even if the core move-set is similar too. Solid, solid game. They really need to fix the VS menus though. Having to drop back to the main menu just to change characters is archaic.
Am I the only one wants some fantasy rings? It doesn't matter at all what venue you go to- they all look the same to me. I want a ring on the top of a mountain or something, lol, just to mix it up. They should also allow the practice rings too. It IS still a video game after-all. They could even have a mode that only gives you real venues if you want the Uber-realism.