Capcom unveiled a major title today: Street Fighter Vs. Tekken.   The 3d world of Tekken will be ported to the 2d universe of Street Fighter.  Gameplay is from shoryuken.com:

Even though the players can be “tagged” similar to other Capcom Versus titles, the gameplay doesn’t seem as exaggerated as previous titles.  Namco is also producing their own Versus game called “Tekken vs. Street Fighter” and it won’t have projectiles like the fireballs or sonic booms.  It should be interesting seeing the Capcom characters without most of their powers! The games will be available for 360 and PS3

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