Ha! Cool! I'm a bit of a soul calibur fanboy, so I'll be interested to see how this develops. I think the series does need some new gimmicks though. Being able to build your own character was a novelty, but one I got bored with before my mates, unfortunately (oh the hilarity of fighting another man with a green afro in his underpants), and it didn't really add anything new to gameplay.
Shoehorning in unlikely characters is getting a bit old too. Link was pretty cool, but Yoda? He's a lot of fun to fight with, but it was also pretty dumb.
Having said all that, bring it on! Mitsurugi FTW!
"A widespread investigation of funeral homes, morgues, and hospitals has concluded that the unburied dead have been returning to life and seeking human victims. It's hard for us here to be reporting this to you, but it does seem to be a fact."