The lights are on
We had previously learned that Capcom planned on updating Street Fighter X Mega Man in January, but the publisher has confirmed the exact date. The update will arrive this Friday, and will address a variety of issues.
Most notable is the inclusion of the grid-based passwords first introduced in Mega Man 2. The update also adds a screenshot function, makes M. Bison a bit stronger, improves controller support, and fixes "various other bugs."
Look for the update to be applied around 8pm Eastern over at Capcom's Mega Man page.
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