Wow, I've seen the full Guile stage and an early version of the Ryu stage, but these are still shockingly amazing!
The graphic quality is so strong all round that I don't think that even Genesis or SNES fanboys would argue that it doesn't look much nicer overall even without all the layered bgs.
I'm also glad that this new version is going by Fighting Street II'. It makes it stand out as something original and Turbo/PCE all the more.
If you guys manage to complete the upgraded rom, I hope that you'll also improve the palettes for sprites like alternate Dhalsim & alternate Vega and touch up the few imperfections (like alternate Saggat's shorts).
SFIICE is still my favorite SF game, so this is as big a deal for me as a port of another version SF.