This game looks incredible. I really dig the style you have going on here.
WhiteBatAudio (?) music is amazing - I plan to use some of his tracks too. I found the transition between fight music and non fight music a little jarring.
I didn't bother reading any of text explaining the game to me. Not sure why... it was kind of washed out by the game.
I didn't quite understand the bullettime/hitstop mechanic when you kill an opponent. It was also jarring and didn't convey a sense of impact or a window of opportunity. I think it's because the player's movement stops suddenly.
Keep going I think you have something special in the making.