Chipp - Im not sure as yet. The first game I played lagged really horribly, I thought my opponent would be American for sure. After the game I checked and it turned out he was from Australia. Think of that in a positive light, haha. I have a feeling EU v US connections might actually not be too bad.
I had great connections with everybody that I played from the UK, France and a player from Belgium.
Musashi, really looking forward to playing you!
Competition wise, most people that Ive played so far play very basic (like me). People are using 4 of 5 different attacks in a set order, then repeating the same again. Eileen and Lei seem quite popular, probably fits in well with the playstyle I mentioned above lol. Nobody really seems too bothered about being punished for using laggy moves so even tho Im not too good myself, thats how Im getting my wins at this point. Oh and you have to choose your character before you can find an opponent to play.