Well, it technically isn’t new (was relased in Japan in 2005), and you could argue that it isn’t a fighting game (although it has some fighting game mechanics in it); think of it as a crossover between Psychic Force and Virtual On, or playing Ikaruga, but against another person. This game is actually good (has a good amount of depth); there aren’t many fighting games released in North America nowadays that aren’t sequels, or collections, this game is very unique compared to traditional fighters.
Here are some videos of the game, scroll down to see some Japanese match videos.
Looks more like an awesome fighting game, than a good shoot’em up that goes absolutely nowhere with an overpress of graphics, to me. A true 1942 killer if I have ever seen one. Why are all the weak points exposed so quickly and effortlessly?