This looks very sweet, I've just played Soul Calibur one for the first time in more than a year, after having played Soul Calibur 2 for hours on Gamecube this summer, and I think it's the best fighting game series ever. However I regret this is a PS2 exclusive. I would've preferred to see it on Gamecube, or even better: Next-gen. Soul Calibur 3 could've been THE big bang that Soul Calibur 1 was for DC (being the showcase for the current gen). I am afraid this game will be overshadowed by DOA4.
The character creation stuff looks very interesting btw