This looks like one of the most balanced fighters to date according to the various tier listings on Dustloop:
Current Dustloop Assessment List: 1/23/12
S Rank: Ragna, Valkenhayn, Hakumen >> Arakune, Taokaka, Hazama
A Rank: Tager, Bang, Carl, Mu >> Relius, Noel, Platinum, Lambda
B Rank: Rachel, Litchi, Jin, Tsubaki, Makoto
Current JP BBS Assessment List: 1/23/12
S Rank: Ragna, Valkenhayn, Hakumen
A Rank: Arakune, Hazama, Tager, Taokaka, Bang, Carl
B Rank: Relius, Mu, Noel, Platinum, Lambda >> Rachel, Litchi, Jin
C Rank: Tsubaki, Makoto
Satoshi List: 1/9/12
S Rank: Ragna, Valkenhayn, Hakumen, Arakune, Taokaka, Hazama, Carl
A Rank: Everyone Else
Theres some pretty extensive information in the posts that follow this.
Dustloop Forums Tier List and Explanations Thread