Alright, so after a day of playing DoA5 on and offline, I have some updates. First the online got amazingly better than what I was experiencing the first night. Not sure what happened but it's certainly playable now. Second, so many garbage players playing this game on both 360 and PS3. Seriously, going through ranked is a breeze.
Story is campy as hell, and not in the good way. I enjoyed MK9's campy story, not DoA5's. But it's relatively short, should take most people only a couple hours to get through.
Surprisingly, there aren't a lot of VF characters being used. I think I've ran into 1 Pai and 2 Sarahs and no Akira's yet. I expected more.
I'll come back with more if I remember anything else I wanted to say.