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I think it's gonna be 3D models in 2D gameplay, thus will go multiplatform on all 3 consoles:

1. Agree with naz here. The character movement was incredibly linear (no side-steps shown like Tekken or Soul Calibur).

2. Seeing as Capcom is lately in love with Wii and Street Fighter fans would like a 2D game they'll sacrifice graphical excellence in order to bring the game to all 3 consoles.