Rising Thunder is kinda' decent. It's better than everything else that's on PC right now but that's not really saying very much (IMHO, and yes, I fucking HATE the SF 4 series with a passion and already pre-ordered SF 5).
Number one thing I hate about it is the separate bar for FADC/Breakers. There's no downside whatsoever to abusing this bar. It's not like you lose part of your super like in MK or SF 4. All it leads to is just taking risks because you can just Breaker or just SRK on wakeup and FADC backwards to safety. Worse yet, you cannot see the opponents Kinetic bar in order to predict it and bait it out.
I hope this one particular mechanic is refined.
It's weird that you mention that you dislike sf4 cuz from what I seen I think that game is what's most directly comparable to rising thunder