Phoenix Wright, as stated previously, is the sole reason I am lusting after UMVC3. The fact that Phoenix Wright has been made even better than how I wanted him to be made, and is just overall a unique character makes my body quite ready
My only gripes with the character: His English voice is just not Phoenix Wright. There's not a terrible lot of emotion/urgency to his yells. It's not, "Take that (lol Kyo KOF XII)", it's, "TAKE THAT!". It's not a huge concern though, because generally Capcom characters have either English or Japanese voices, and an option to choose between the two.
The other one, and this is the big one, is that his level 3 hyper combo, while awesome, just goes on for too damn long. Granted, it would probably take a while to actually 'unlock' his level 3, but 20-30 seconds for one hyper just disrupts the flow of the match too much.
Still, overall, I'm quite excited. And at the same time, I feel terrible for being excited for a Capcom game on a KOF board. It's a good thing that I gave SNK my money first with my pre-order of KOF XIII