Very similar to the last one, but with a few neat twists. If you liked the last one, you'll like this one. Story mode follows manga/anime, with some minor changes to enhance gameplay. Online play is a mess. Find a good match about 1/3 of the time, find someone spamming the same button/combo for either long range spamming or essentially unlimited combos repeatedly 1/3, and then face someone that rage quits the other 1/3. Makes it difficult to enjoy playing online because there seems to be no consequence for rage quits and no benefit for you, resulting in a waste of time. However, if you're not looking for a trophy/achievement from online and don't play online, the game is great. Haven't played the other modes yet, but assuming they're like the previous game and I enjoyed those.
On a picky note: never been a fan of the auto combos in these games. Takes a lot of the skill away in my opinion. Just becomes a button masher at that point