With a different name: BlayzeBloo: Super Melee Brawlers Battle Royale
Yes, really “BlayzeBloo.” Aksys is localizing the cutesy wootsy BlazBlue: Battle x Battle game under that name. Arc System Works created a DSiWare BlazBlue game with super deformed characters, the same “cartoony” characters used for their NicoNico videocast. The four player, Power Stone-like fighting game came out in Japan in January.
http://www.siliconera.com/2010/04/26/blayzebloo-super-melee-brawlers-battle-royale-confirmed-for-dsiware/