A totally glittered failure
The gameplay itself reminds me a lot Soulcalibur IV - I personally don't like this style. They could do as Street Fighter IV, which would preserve all previous games gameplay style.
The violence level is the same. Depending on the final move you make, you do things such ripping off the opponent's hand - or head; cut the opponent's chest to the heart, and see lots of blood.
There is nothing much to say about the rest of the game. It's just fight after fight.
Despite the really amazing graphics, well, I'm really sorry to see a game like this decaying such as that...