Afterimage Mode
Beat the game with everybody to access afterimage mode. The game is the same, but your character will have a shadow behind him.
Bonus Options
Beat the game on level 4 or higher to unlock more options on the Bonus menu.
Change Camera Angle
Beat the game with Alice, level 4 or better. Now you can change the camera angle, but not during battle. You can only do this at the option screen.
Large Arena
Beat ten opponents in a row in the Survival Mode to increase the size of the battle field.
Life Recovery
Beat the game with Bakuryu on level 4 or above for regenerating life bars.
Meaty Arms
Beat the game with no continues on Level 4 or above to give your characters larger arms.
No Guage Mode
Beat the game with Yugo, level 4 or better.
No Guard Mode
Beat the game with Gado, level 4 or better, to play your games without any defense at all!
No Lightning
Beat the game with Long, Level 4 or better, to stop the lightning effects when doing certain moves. There is no point in doing this, unless you think the lightning is annoying.
Small Characters
While on character select screen; hold R2 and choose a character with the CIRCLE button.
Unlimited Replays
After beating an opponent (any round), hit the TRIANGLE button to view a replay. Every time you hit TRIANGLE you will see another replay.