It does look amazing, first thing I thought was 'great, they're finally making these things more arcadey, they were the wrstling games I really liked' and secondly, I thought, damn...that looks kind of familiar, but... Hey, is it me of does it look kinda like Def Jam - Fight for New York, which I still maintain is the best wrestling game ever made, despite not being set in a ring.
I they can bring a spiritual successor to Def Jam after they ballsed up the genuinely sequel, they're getting my money. I don't remember having quite so much fun in a fighting game as when I'd get to slam Sean Paul's face in a hummer door, or just kick Ludacris in the nuts 487 times in a row.