Fans of the series and newcomers will like it, but the fight pace has been quickened, so it can be a bit chaotic.
The single player is very shallow and disappointing, particularly compared to what the single player modes have been like in Soul Calibur in the past. Soul Calibur always used to have good, unique modes, especially for a game of the fighting genre.
Buy expect to hone your skills and have a decent amount of fun in single player, but if that's your only motive for buying, best give it a miss until you get an internet connection or some mates.
Nevertheless, what it does, it does well.