Who the hell would ever play that game without the ability to cancel anything into anything? It is the game's sole reason for being fun (well, aside from Jackie Chan in different outfits being one-third of the cast). The game would be a really, really bad SSFT2 clone without that, but instead it's a blast to play.
I need to investigate this game
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http://www.youtube.com/watch?v=npHDxSvwCE0