I'm totally relieved. It looks just like what I would expect a 2003 SNK vs. Capcom game on Neo harware to look. Very serious and kind of like a cross between the SF2 series and the KOF series.
It makes me wonder what CPS2 games would look like if the kept using that harware like they keep using the Neo.
At first I though I would have liked to see it on more advanced harware. Now that I see it, I was wrong. This is the way it should be, it is a tribute to the rich history of the franchises. Not the the experimental CvS series. That should have been CPS all the way.
The only thing to hope for now is that it becomes a series. They are obviously starting with something good. What will happen when they refine it and add different characters?!!! (Oh no, the same day I finally see SVC video and I'm looking for the sequel GGRRAAHHH!!!!)