It is import only, but it works 100% on any PS3, doesn’t matter what region or model. All PS3 games are supposed to be region-free.
Almost all of the menus are in english, there’s virtually no need to understand Japanese to play this game as a fighting game.
Online battles work as normal battles do.
There is talk of a Fall Release in America, but I can’t find anything confirming this. Also, a good point someone else made was that there’s no guarantee they’ll keep the Japanese voices for this game, and I can’t stand American voice dubbing. Oh yeah, and it was $60, the same price to buy it if it were to come out here, so no nasty import gouges.
Hope to see you all online!
Deathsythe, have you tried NCSX.com? I go through them instead of play-asia, I find their shipping to be much more reasonable.