It looks pretty cool, but I'm kind of iffy on the item system/use of the touch-screen to use/activate said items... At least that's what it looks like the game is going to incorporate, judging by the screenshots. That stuff just never seems to flow well, but then again I never really know how to utilize that said items/power-ups, since all the DS fighters that I've ever played that use that mechanic (all of them), I never understand anyway since they're in Japanese and I didn't care to look up what's what.
Still though, I'm not going to comment until after I've played the game. I expect at least a decent fighter out of it, hopefully better than Bleach (not that it was bad) and Jump! Superstars (which was bad).
Edit:
GeoStigma said:
Is there only 4 characters? That's what it seems like after briefly looking over the site.
Good question...
According to Gamespot, it's going to be released this March in Japan, but we should know about more character (if they exist) before then...