I'm trying to talk myself out of pre-ordering this as I already have my import copy but... I just love PG so damn much.
For those interested;
This game is very good and very fun, but is definitely not up to snuff with PG's other titles like Bayonetta and Vanquish. It just lacks a certain polish and depth to make the single player stand out as extraordinary and the multiplayer (though I played with latency issues because I was pinging Japanese servers) seemed very unbalanced. In many occasions the player who hits first wins, and there are multiple one combo KO's and juggling.
That being said...I still had an absolute BLAST playing this game. If you've played and enjoyed MadWorld then you will enjoy this game and should not pass it up at this price. I probably put in 50 or so hours when I 1000 pointed it and I kept playing for weeks. The only reason I stopped was because it eventually became to cumbersome to find a game online. A lot of the fun comes from the absolutely wonderful soundtrack that is made up of primarily cheesy, but incredibly catchy, rap.
If anyone has any other questions feel free to ask!