This happened to my best friend last night and pointed me to this link when he did some research. Just passing it along.
Originally posted by ArticleUnfortunately, gamers eager to sample the cel-shaded beat-'em-up were in for a very nasty surprise. That's because the demo contained a glitch that will erase all saved games on the memory card or cards currently inserted in the console.
Oh, I could totally beat all those guys!* *not really Rufus can be really nasty in the right hands. Fast, long combos, easy to combo in his Ultra. And damn does EX Snake Strike do some sick damage if he gets every hit.