Here's what I know:
DC version is a bare-bones perfect port of the arcade version. No multiplayer, no link cable play, and Japan-only online play.
PS2 version has a campaign mode, multiplayer (with slowdown), and lesser visuals. I have never played the PS2 version, so I can't be sure about the "lesser visuals" part.
The game, on a whole, is only okay. But I warn this: If anyone else says that this, Heavy Metal, or Spawn: In The Demon's Hand plays like Virtual On, expect some anger from me.
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