I like the new system
a. organising a tournament where 16 people have to be there at the same time would die faster (but would still be a great option AS WELL)
b. it gives me something to shoot for. I like being in a 'final' knowing that I might make it to the next grade if I win. What happens if you lose though? I've won all 6 of my matches and ranked up 2 times. Had to beat a Sagat in the final FUCKING HATE SAGAT and it was super satisfying to be told that I AM THE CHAMPION after beating his ass
c. no idea what CP is. GP is the ranking up thing......... oh wait... it's like this. Championship points is
MY FIGHT MONEY You can rank up without winning a tournament, but if you win a tournament you get Championship points. It's like magic money. More you have, more tournaments you won.
I guess you can get to the top championship level, but have no money. If another guy has lots of this then you know he's hardcore. So in your matchups, look for the guys CP to get an indication if he's winning tournaments or just climbing by not losing to badly.
Also, the higher the GP of players in tournaments, the higher the CP payout. So that's why losing has a consequence, you don't lose GP, but you don't GAIN CP.
is it possible to move down grades?