The second collaboration between Atlus and Arc System Works, Persona 4 Arena Ultimax (known as Persona 4: The Ultimax Ultra Suplex Hold in Japan) is a 2D fighting game and direct sequel to Persona 4 Arena, released in 2012.
*Disclaimer:
If you do not want Persona 3 or Persona 4 spoiled, AVOID THIS THREAD. This is the sequel to the sequel to Persona 4, and the character roster itself contains spoilers for both games.
In addition to the 9 new playable characters, every character also has a playable Shadow version of themselves (except for Elizabeth, Shadow Labrys, Sho, Minazuki, Adachi, Marie and Margaret):
HP Gauge
Gauge that indicates a character's remaining health. When the bar is completely depleted, the character will lose the round.
A blue gauge represents temporary health loss, which will recover over time but will disappear if the character is hit. Blue health occurs when a character receives chip damage, when a character uses a Furious Action (see: Controls) and when a character cancels a special into a super.
Different characters have different amounts of HP.
SP Gauge
Gauge that indicates a character's remaining special gauge, which is used for moves that require SP such as supers or One More! cancels.
The maximum amount this gauge can reach is 100 SP, however that increases to 150 SP upon Awakening (see: Game Systems).
Burst Gauge
Gauge that represents a character's ability to Burst. When the gauge is full, a character is able to Burst. When the gauge is only a B, Burst is unavailable while the gauge is slowly refilling. When the Burst gauge is covered by a red X, a Burst cannot be used in that specific moment (i.e. during an opponent's super).
Persona Gauge
Gauge that indicates a Persona's remaining cards, which represents their health. When a Persona is hit, they will break, removing one card from the Persona Gauge. When all cards are gone, the Persona is broken and any move requiring a Persona will be temporarily unavailable until the gauge refills.
Different characters have different amounts of Persona cards.
Round Timer
Represents the time remaining in a round. When the timer hits 0, the opponent with the most HP will win the round.
Round Indicator
Represents the amount of rounds won or rounds left to win in order to take the match.
Additionally, Persona 4 Arena Ultimax introduces a new gameplay mechanic similar to the Guard Cancel: the Quick Escape Cancel. They're performed in a similar way as Guard Cancels: 6+A+C during block stun, which will perform a Quick Escape while the opponent is attacking, costing 50 SP.
Certain attacks and abilities inflict negative status effects on opponents. These status effects can only be removed in one of two ways: by landing a successful hit on the opponent or by waiting a certain amount of time before the status effect disappears. Characters can be affected by multiple status effects at the same time.
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And even if it did, unfortunately streaming a framerate-dependent game like an FG just isn't really going to hold up.