You know what needs an update? Boshido Blade.
Those were pretty interesting. My friends and I used to play then often due to the 'realism' relative to other fighters. Mad for interesting fights. The way how Square is now I highly doubt they'll even touch it - at least for consoles.
Playstation = The Beast from the East
Sony + Nintendo = WIN! PS3 + PSV + PS4 + Wii U + 3DS