Hmmm, this one is a bit rough for me and unfortunately a case of style over substance in my opinion.
On initial impression, I think that the game is very cool and impressive. The game definitely has a professionally-constructed feel to it, what with the very animated and lively menus, title screen, and seems to have a lot to offer with its huge character roster. And indeed, I did have some good fun going through and seeing how each of the characters played and catching references and such: I could easily see some people having fun going through and building a tier list and other such things.
But at the end of the day, once the novelty of checking out the roster is gone, all you are left with is a game that is a shallow as a puddle. I found the characters to be terribly unbalanced, the combat to be overly simple and unsatisfying, and there were no unique systems or level terrain or strategy or any sort of hook to work with. Now, I'm not saying it needs to be some super complicated fighter with guard-breaks and astral finishers or whatever: games like Divekick and Footsies and Fantasy Strike are excellent games with very limited movesets. But those games, unlike this, have an actual deep system and strategy to their seemingly simple combat that acts as a hook. Or, if a complex system is not the way to go, at least the game should have some sort of wacky party elements like a Smash Bros or Mario Party game that shake things up.
The menus were also confusing and complicated at times: for example, had no idea why the game wants me to have to right-click to disable a character choice instead of just letting me left-click on a new character no problem, and why does it not automatically assume that 1P has already joined and instead make me have to join manually every time? And let's not even mention that it doesn't even teach you how to play (as funny as whatever the heck that video was...)
I definitely do love the idea behind this game and think a NG artist brawler could be great. If this was just to serve as a proof of concept for an upcoming version which has more content, online play, actual fighting systems, and so on and so forth, I would absolutely love that!
So far I feel like Peti might be the best fighter?