Hey, well I see now that midway's developing the unreal tournament saga, which is pretty awsome.
The Unreal Engine is currently being used for Gears of War, and it's being put into use in all kinds of next gen games.

I say Midway should take advantage of the Ureal Engine 3 while it has it at its disposal. Think of the Next Gen mark it would send for all the fighting games to come after it.

There would be soo much detail and realism to every character on every level and it could even have custom damage marks and wounds.

It would be like playing the actual pre-rendered cut scene CG modles in real time, or possible even better.
I was checking out Rockstars table tennis engine, but comon, i doubt Midway and Rockstar will ever link up companies.