Picked it up this evening and I'm enjoying it.
I have some minor gripes, some of the mechanics bug me; cage matches feel almost broken, hit detection and reversals are wimpy at times and the magnetic jumps from the ropes are just fucking weird--oh and the load times are odd and terrible (load, first entrance, load, second entrance, long ass load, match?!). None of that, oddly, breaks the game nor does it stop it from being fun.
Planning on taking the game over to a friend's tomorrow. Half of me is afraid that if I play online, I'll run into some redneck who's all about John Cena and I'm just not ready for that shit...