I used to play it in arcades, I was never very good, but it certainly was a fun fighting game! I agree that Vega was a fun character to play as, but I was always a Ryu or Chun-Li fan first and foremost
I really enjoyed it on the SNES, it felt like a change of pace from the early Mortal Kombat games that I'd gotten used to on the Genesis.
I didn't enjoy it so much on the Xbox 360 when I purchased it again though. Even on 0 star difficulty, the AI was really tough and the achievements to complete the Arcade mode without losing a match/round felt almost impossible.