I have it but I really haven't spent any time playing it. I've loved Fire Pro since I first played it on an SNES emulator in middle school. It's a very timing focuses game, as you said, but once you are used to that timing it is very deep.
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The last fire pro game I played was on the PS2. I mostly just ran sims to see the outcomes. I really wanted to get this but I have so many games that I play; it would just get lost in the shuffle most likely.