Crazy high combos, flashy graphics, and speed based skill are what this games all about and it does great in all aspects so i'll keep this one short and simple. I would normal do a good/bad section but as fighting games go I found no "bad" here.

-The action is fast and frantic being mainly based on speed and skill.
-Great looking animation and awesome specials
-Theres a character for everyone. Whether you like there style or story all the characters are very different and entertaining.
-Amazing depth (you could spend 5 min. learning to fight with a char and days to learn the true ins and outs of just one character.)
-Tons of gameplay modes including online which runs very smooth.