The most common issue brought up with PS2 VF4 and now VF4E is how the graphics compare to the Naomi 2 original. Let me say right off the bat that it does indeed look lots better than the original PS2 port: fewer jaggies, better textures, etc. That having been said, compared to the Naomi 2 VF4E, it still looks like junk. The character models are lower in polygon count, the textures still don't hold up well, colors are generally dithered, background detail (such as the number of spectators in Wolf's stage) has been reduced, and the lighting is way, way off. Having played the arcade game on a daily basis since I got to Japan, these difference are blatantly obvious. Not that it isn't an admirable conversion given the limited power of the PS2 compared to the Naomi 2. I think of it like VF2 on Saturn, i.e., glaringly inferior when compared to the arcade original but highly impressive given the hardware.
