Well I played about 45 minutes of it last night before I had to get some sleep. So here\'s what I can tell you.
You create a profile with a character. All the characters are ranked on how difficult they are to master from Beginner to Expert. There\'s 13 fighters, 14 if you count DURAL(the boss). Anyway you pick one fighter and work with him/her. The game keeps track of your wins/losses and gives you a skill level and rank.
Each character has a counter or a reversal but it\'s different depending on who you pick. It\'s a 3D games so basically there\'s no jumping (thankfully b/c that is gay) except for small hops to avoid sweeps.
I haven\'t had a chance to try them out but there are 3 different training modes to practice in.
The rings, especially snow, interact awesomely. The graphics are better than the screens that have been posted here.
One other thing that\'s brand new is that you can create a "fighter AI" and train him through practice and sparring. Given a certain condition, your boy/girl will react however you train him to.
I\'ll give you more details when I play it again tonight, yo. If you want a rating it\'s as high as they come. A 10, 2 thumbs up, Go get it today.