I dont have it myself but I have played the 360 version for about 4 hours. Its very good, the ko's are great. If your a huge boxing fan it may seem more unrealistic than FNR3 as it can be hundred punches a round.

I will be getting it when its reduced as boxing is not my main sport. Some of the training is very annoying and I have not played online.

In the actual fight in the ring I think its fine, occasionally it may not do the punch you want but generally it does.

The controls are annoying on training where you have to make certain punches in a certain order - this is almost impossible to get perfect every time due to very little difference in stick movement for different punches - this makes a mockery of training in legacy mode as you will not be improving as much as you need to. So eventually you will be fighting tuff opposition and have no chance. Alot of people end up auto-training and then I think you get half of the points which is still not enough.

I still think its a great game but its not perfect.