If these online tournies are going to be regular thing, then I think everyone is going to want to get the most they can out of their connection. There are certain ports that you can open to improve connectivity. How much it improves will be different for everyone. If you are on Xbox360, you are going to want to open port 3074. For PSN the ports are (5223,3478,3479,3658).
If you are not sure on how to open ports on your router you can go to http://portforward.com/. You just pick out your router make and model, and select the game you want, in this case sf4.
Possible to have this more than once a week? Tuesdays=mtlsf meetups. Would probably get more from mtl on other days.
Possible to have this more than once a week? Tuesdays=mtlsf meetups. Would probably get more from mtl on other days.