In the Kreate-A-Fighter mode, there's a bunch of references to other games which include:

Aerith (Or Aeris) from Final Fantasy:

http://imgur.com/XGFXVov

Goku from Dragon-Ball Z:

http://imgur.com/x5cyXrQ

Akuma from Street Fighter:

http://imgur.com/9OVp15d

Asterix from Asterix:

http://imgur.com/qKL9jGt

Jason Lee Scott (Red Power Ranger) from Mighty Morphin Power Rangers:

http://imgur.com/tkJn6rk

The main guy from Speed Racer (I forgot):

http://imgur.com/B2s0HX0

I'm not sure if these are references or just generic anime hairstyles:

http://imgur.com/QEDpA1G
http://imgur.com/gGjXzas
http://imgur.com/HIxZqvx
http://imgur.com/RVR1rmE

Sorry for the inconvenience of putting all of them on imgur, but it's saying "The Type of file you attached is not allowed."

the Anime 2 haircut looks to me like a Sailor Moon reference.

That "Asterix" helmet looks like what the name of it says. A generic viking helmet. It looks more like Thor's, and even that is very generic.

The "Speed Racer" helmet is not actually from Speed Racer. That's more likely a reference to Gatchaman where all characters represented a bird (Eagle, Condor, Swan, Swallow, Owl). Look at the visor, it's beak shaped. Speed Racer's is an oldschool racing helmet.

Finally, that Red Power Ranger isn't right either. I swear I've seen that mask before, it's some Japanese tokusatsu series character but I can't quite place a finger on it. In any case, a red mask like that is pretty common within the genre.

(09-25-2013, 06:14 AM)DeerBoarDude Wrote: The main guy from Speed Racer (I forgot):

http://imgur.com/B2s0HX0

First off, the main chaircter's name is Speed Racer in America (creative, I know) or Gō Mifune in Japan.

Second, I think he looks more like Ken the Eagle from Gatchaman (or Mark from Battle of the Planets if you prefer). The name "Space Hawk" seems to agree with this fact, since it seems to have a combination of both names.

DeerBoarDude Wrote:Aerith (Or Aeris) from Final Fantasy:

http://imgur.com/XGFXVov

Looking at the hair, I think it looks more like Sephiroth's hair, though they do have very similar hairstyles. I have yet to play the game, but apparently this was meant to be a sign of their "implied connection" (whatever that means).

The blue hair in unlabeled looks like Cloud's hair, but well blue.

(09-25-2013, 08:04 AM)Mass Distraction Wrote: Finally, that Red Power Ranger isn't right either. I swear I've seen that mask before, it's some Japanese tokusatsu series character but I can't quite place a finger on it. In any case, a red mask like that is pretty common within the genre.

Don't take my word for it, but it looks a lot like the Great Saiyamans helmet (Gohans alter ego) from DBZ.
Example: