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Capcom has launched an iPhone and iPod Touch adaptation of its massively popular one-on-one fighting game Street Fighter IV ($9.99), promising App Store customers “the first true fighting game on the iPhone.”

The iPhone version of Street Fighter IV includes eight playable characters — Ryu, Ken, Chun-Li, Blanka, Guile, Dhalsim, Abel, and M. Bison. Each fighter retains his or her full move set from the console and arcade versions of Street Fighter IV, including specials, focus attacks, super combos, and ultra combos.

To ease the transition from an arcade joystick to a virtual controller, Capcom has included a Dojo mode to train newcomers in the arts of throwing fireballs and kicking people in the face. An optional “SP” button is also available, giving quick and easy access to each character’s otherwise difficult-to-perform super moves.

And, of course, there’s multiplayer. In addition to a single-player tournament mode, Street Fighter IV allows players to battle head-to-head over a Bluetooth connection. Good times!