PlayStation All Stars: Battle Royale out this holiday. Video inside with gameplay. The background is super bad ass. Hades from God of War series is cool. Nice action, can't believe they added Fat Princess from it. I wish they would get rights for Fate series and add Saber in there (lmao). But ... you can tell this game is far from finished. Needs more work, not impressed with the graphics. Don't like the "highlights" on characters (VERY ANNOYING) and the UI needs to be redesigned - looks stupid.
I think the highlights are there so that people can see their characters versus the background. Simple gamma level adjustments and the highlights are pointless. Honestly, if they released with this level of graphics, I would be in heaven... cause it looks better than Smash.
I do really hope they have Knock Out kills (like bashing someone off the level)... The most satisfying thing in Smash was when I would Super Smash 1 or 2 people with Toon Link. There are so many obvious characters that will be in the game. Cloud, Sephiroth, Spyro, Wander (SoTC and I bet his "Down A" move is awesome), Crash Bandicoot, main character from Demon Souls, and Solid Snake will all likely be in the game. Funny, because Snake was in Smash too. XD
(Oh, and Down Arrow + A was great! I would just pogo stick my way off other people with my sword XD)