Love it. Already a ton of fun and without a doubt set to become the Gorn of KungFu.
A couple of things with the inputs (using Touch controllers on a Rift)... I kept on opening the Menu while gripping to punch and on the few occasions I tried to drag move to sidestep. Feels like using the dedicated Oculus option button would be less prone to that (instead of one of the primary buttons).
Also I couldn't get the hang of the low inverted grip, into forward punch special move. Managed to trigger the move once ot twice but the spacial movement recognition seemed either too sensitive or not intuitive enough.
Other moves worked great. That earthquake summon is awe inspiring :) although it would be good if opponents had blocks for these. It seemed a little too esy to bring them down from a distance. (admittedly for fewer style points)
Again, great work. Can't wait to see how this develops.