I like KOF XII it may had some issues but they learn from it and realize that they can't do better than that! I know they can match up with Capcom and Arc system works! When the first KOFXIII vid was out I knew that game is the true rebirth of the KOF series and also the Climax of the Ash saga! They didn't worry about SSFIV and BBCT they stay hidden in the shadows (like a ninja) and take research! Even those two games have problems like: SSFIV has problems like it thinks everyone is a casual with no fighting game experiences
And BBCT has a learing curve!
The roster is small but they have to start small to get big! I know that KOFXIII will surprise and solve burring questions!
Things they should in the PS3/XBOX version:
Dump Ignition like a bad date
and get Atlus or Xseed to publish and localize their game
Add extra characters and DLC for new ones!
Don't make the game too casual
Improve the Netcode!
Add more than two moves
They already done it!
I think I get KOFXIII story it goes like this: Adel sends the invitations he's the organizer of this year's KOF to find a team who is strong enough to face against the group to save his sister! Because he knows he can't face them alone! Or it is a trap to lure Adel in the open!
In short KOFIII will be the comeback underdog kids and shoot all those wrongs away!