I've finally managed to get this baby done, he's done a completely differnet way than the other characters which uses a special filiter in Photoshop to do all the sprites.
Unforunately though I'll have to re-do all the others characters since this way is so awesome.
What's left to be completed is just making palettes for the character and changing a couple of other stuff in the gameplay.
The next character I'm working on is Sagat, and all these characters are going to be for my SSFT2 re-make mugen game which will come out soon :)