This is a bit of a tough pill to swallow, but it looks like several hardcore fans are on their way to making a Dragonball Z fighting game that actually makes sense.
The Budokai series of Dragonball Z had its ups (#3) and downs (#1) over its run, but all of them felt somewhat blocky and slow, something out of the mind of someone who played Tekken far too much and just swapped out the characters at 25% slower speed. I've been a fan of the series since I was a kid who had just discovered anime, so imagine my excitement when I stumbled across the video of a fan project named Hyper Dragonball Z, and it looks....well, it looks really good.
The indie developers behind the title are a group of fans that are under the name of Team Z2. The game is being created through the indie fighting game engine Mugen, and while it isn't going to be a graphical monster on any next-gen titles, it looks like it belongs somewhere in the CD era. Goku and Vegeta look damn good, and the battle system makes sense. Counters, specific moves, and different versions of each character based upon where they come from in the show are all available.
You can keep up with the development here. Be sure to check out the gameplay demo video below!