So here it is! Gameplay footage of the new KOF XII. So it's not really 3d but rather really smooth 2d. Though I believe the character models are cel-shaded. Anyways just watch and get excited!
Interesting they featured the Ikari Warriors own Ralf Jones and Leona Heiders, but no Clark Steel? What am I not good enough to show in the trailer? *laughs* Anyway check it out already!

and if you're getting that dumb "we're sorry this video is no longer available" message follow this link to watch it.