Picked this up yesterday on a whim to balance out Silent Hill: Downpour in a 2-for-$30 sale. I'd sort of wanted to play both games eventually, but I figured SFvT was the greater gamble. I'd heard the update fixed some problems, but the game has an awful reputation for a great many valid reasons; balance, gems, DLC...super offputting.
I've put in a good few hours now, and am blown away by how fun this is. It feels much more old school than, say, MvC3 or even SF4. Kind of reminds me of the hours I'd while away playing Alpha 3 on Dreamcast. The matches have a great flow, and every character I've used so far seems to click right away. The game has revitalized my (admittedly casual) appreciation for the genre - I'm enjoying it more than any other fighter this gen.
Gems system is beyond stupid, but easy to ignore when playing Arcade or with friends. Haven't felt the need to use the Pandora mechanic at all yet. There's more than enough meat to the standard combat combined with the tag mechanics.
Such a shame the game was released in the state it was, and that Capcom's handling of the DLC is so consumer-unfriendly. Seeing all the fighters I have to pay (more) to play on the character select screen is profoundly annoying; and it's disheartening to see alt costumes completely relegated to paid DLC. And palette-swap colours are free now, but I assume that since I have to download a separate unlock key for every four colours, Capcom were once nickel and diming players on a swatch-by-swatch basis? I wouldn't be cool with any of this if I'd paid $60, and I say that despite having a blast with the patched version of the game.
Do the DLC characters get ending cinematics, etc? I hate the idea of supporting this business model, but I also want to access the whole character roster. Hate seeing all the characters I can't select, although if they didn't exist I'd be extremely happy with the regular roster. Guessing that even if the price doesn't go back up this week they won't drop below $15 any time soon.
Consumer politics aside, on a purely gaming level I'm glad I picked this up. Very pleasant surprise, and I hope more people give it a chance.