Nintendo has just announced a crossover game between Tekken and Pokemon with some of the developers from Soul Caliber producing the game too. Honestly, I think the game looks amazing. It is a shame that it is only going to arcades, but a console release may come later.
What are your thoughts?
Looks pretty great. The commentator in the video you linked is kinda annoying though, here's the official video.
I doubt they'd release promotional material for this in the west if there weren't any plans on localizing it. In addition to that, they pretty much said it themselves:
"In answering questions, it was implied that there may be non-arcade release later since it is said to come first in arcades." (from Serebii)
At this point it might just be a matter of how successful it is in arcades or how much demand they're seeing for a home console release.