Overtoned and faded-out outlines were quite revealing, but yeah, I didn't at first, either. It's a badly-compressed video of the next "Guilty Gear X", after all. Were it of something called, say, "Tales of Infamia", we'd have had our minds more properly set beforehand. You have there a native-res screenshot, but better yet, wait to see the game in-situ. It will get old pretty soon against this stuff:
As for the limited animation frames, no wonder that helps to fool our eyes for the "2-D" look they're after, but it's also a matter of keeping the fighting engine fast enough, much like the previous GG. Standing animations are indeed as smooth as SFIII's, I'd say.
