One of the first Soulcalibur IV user created creations we were sent, Solid Snake and Raiden from Metal Gear Solid 2 felt like the first drop in the bucket of recreated classic characters. Here's a torrent of them: Mario and Link; Sub Zero, Shao Kahn, Scorpion, and Liu Kang from Mortal Kombat; B. Orchid and TJ Combo from Killer Instinct; Blanka and Chun-Li from Street Fighter. They're all in here. There's even a few guest appearances from folks like Dr. Doom and Thor from the pages of Marvel Comics.
Don't ask us to explain the Skee-Lo soundtrack, though. We just work here. Thanks to Jeremy for the clip tip via Arcade Junkies.