Played a good amount last night, and the online only had 1 laggy game really. When it is laggy it does suck major balls, but the rest were just fine.
A lot of the game gives me the impression of a rushed product. This game needed another 6 months to a year in the oven to polish itself off. Even simple things like menus in this game are atrocious. They serve their purpose, but the game lacks stylizing for interface to make it pop.
The actual fighting is top notch, although I am flustered when I play against people who just mash mid punch reversals since that's how I try to set up pokes/pressure. Throws seem hard to implement at the scrub level due to mashers.
Game overall feels worth the 60 bucks to me so far, but I am having trouble finding a character that "clicks" with me.