Update (lots of changes):
My animator started working on some character animations instead of just stick figures.



I'm in the middle of rewriting the whole game engine so it uses shapes for hit testing and so that it produces the same results on different machines given the same input. This makes it easier to make it run smoothly online and makes sure that replays doesn't glitch.

Here's a short video showing some of the path movement in progress:
http://youtu.be/2-mao4FKw2Y

So far the only thing you can do in-game in a little punch combo by spamming "F".
You can try it out here:
https://github.com/Aerotune/Stick-Fighter-Project/releases/tag/v0.1.0-alpha

Punch demo:


Upper body hit shape:

I've updated the thread since the project is about to begin and it's no longer a stick figure game. The title is now Gosu Warriors!

Gosu Warriors v0.0.1-alpha changelog

Basically I've worked on having a hit shape editor working alongside with the game engine. You can check it out here if you're interested:

Download:
https://github.com/Aerotune/GosuWarriors/releases/tag/v0.0.1-alpha

New hit shape editor:
https://youtu.be/4QQHCZx9R2A

The project is a little further now. There's a very basic target smash mini game running for the characters Android and Witch.

Download:
https://github.com/Aerotune/GosuWarriors/releases/tag/v0.0.4-alpha

Gosu Warrior v0.0.4-alpha changelog:
https://www.youtube.com/watch?v=KwWKgp56zkk

Gosu Warrior v0.0.2-alpha changelog
https://youtu.be/3N3NKP-tYwI

Currently I'm working hard on setting up a scripting system for how the characters interact with each other which is surprisingly complicated for a fighting game so it will be a weeks before I have more updates.