Just played pic related demo. It wasn't shit but it's still pretty casual shit.
Cons:
>100% autocombos are still on, you can't turn them off
>SRK input is gone forever, you can't turn it back
>some characters have less special moves than their counterparts in UMvC3
>looks worse than UMvC3, especially Capcom characters
>cutscenes are ME3 tier
Pros:
>most characters have more command normals
>LP, LK, HP, HK make more sense than L,M,H,S
Neutral:
>some returning characters play differently than in UMvC3
They won't change graphics, story and cutscenes. Still, this game can still be saved by Capcom by adding shitload of content and actually balancing it.