It's good, but it's not that good.
The sound and Visuals of the game are Excellent It has epic music that fits whatever stage you're in and the background reacts to how you beat up your opponent and the animation is pretty good in my opinion.
All in all the offline I didn't have a problem with minus the controller bs factor, but when you get to the online part, thats where you really notice all the bad stuff about the game. First off you try to find a game, and it takes forever because it's either unplayable or the rooms are full, but when you finally got there after 2-10 minutes (For me atleast) of waiting you get into a room where you see a Sagat, Blanka or Bison, Ryu. I don't like to complain but the way they made the game made these characters the most over powered simply because there's no more air block/ air parry and they do their Anti-Air haha newb attacks. I understand you shouldn't jump in the air and blah blah blah, but when you're getting spammed with fire balls and your controller doesn't respond as quickly as you do it's pretty much annoying and makes you very inpatient after that, and lets not forget the terrible 360 d-pad which does moves you don't want to do, I can't tell you howmany times I put in a Hadouken command and got a Shoryuken come out, but when I played it on a PS3 controller it happened rarely. I've never had this problem in any of the other SF games until this one and it will cost me my 360 if I kept playing it.
Although you can buy a controller (if you have the same problem like me) I don't like that i have to pay $40 for a controller that will probably only work for that one game, I don't know about you guys but I have to spend money on more important things like college so I can work with Microsoft and make a better responsive D-Pad than the one I'm playing right now.
So as for the game entirely I say if you love Street Fighter and you can look over the controller and cheap fighting issues, it's a must get, but if you want a game that doesn't take a lot of patience just to have some type of fun.... wait till it's like 30 dollars or play it at a friends house cause you'll regret paying full price.