In a recent interview here was Team Ninja had to say about the upcoming multi platform hack and slash hit from Capcom:
GR: Moving along those lines, have you seen Devil May Cry 4? Do you have an opinion on it?
YH: I have seen Devil May Cry 4, but it's basically a totally different philosophy from what we do. If you look at their trailer that they have online, you'll see that none of the enemies attack you. None of the enemies attack whatsoever. That's a game where the enemies only exist to provide a target for all of your combos, and they don't really do anything else. For us, we're a combat-action game; our enemies are alive, they think, they attack you, and if you don't actively defend yourself, you're going to die really quick. So it's a basic difference in philosophy. We're an action game, they're kind of a "let's see how stylishly we can show off these combos and get a high score" kind of thing. So if the people playing think that's stylish, then more power to them."