In the VGM Daily Podcast for today, VGM Fusion reports that Microsoft announced during a press event held in Canada that Street Fighter II Hyper Fighting will be released on Xbox Live Arcade at the end of April. Also revealed was the game's pricing which will be in between $10-$15 or 800 - 1200 Microsoft Points.
The relevance of this title is that Midway will be bringing Ultimate Mortal Kombat 3 to Xbox Live Arcade and being that the two games are very similar in functionality, Street Fighter II Hyper Fighting will give gamers a pretty good idea of what to be able to expect from the multiplayer capabilities of the Xbox Live service. If everything surrounding Street Fighter II Hyper Fighting goes well, then we can only hope to see a fairly comparable port of UMK3.