Ultra Street Fighter IV is still getting updated, and the newest mode to hit the game will be the Omega Mode. Capcom notes that this severely mixes up character's normal and special moves. Characters will play differently, and there's no real balancing act involved -- it's just something to play for fun. As a result, there will only be unranked matches to play online.
In terms of other updates, general fixes to online play are coming, as well as a big PC update in the form of patch 1.04.
USFIV Version 1.04 Patch & Omega Mode Announcement [Capcom Unity]... read more