I've made a generic character I'm editing to be other people. The first character I made was Sagat, and the second is Balrog. All I realy had to do to make Balrog from Sagat was edit the hands to be boxing gloves and stretch the mesh. I did a couple other little edits like the face and made his chest look more like he was wearing the wifebeater. After Balrog I'm gonna make Zangief, Lee (from tekken 2), Fei-Long, Skullomania, Spider man, and what ever other "generic" looking characters I can think of. If you guys know of any characters that don't have ton of accessories or odd features please post them in this thread and I'll see if I can make him.
That's a pic of what I have done on Sagat.
It's a little dark but you can see where I'm at. The texture isnt perfect but I'm more worried about getting more characters in the game. After I get a couple characters nocked out then I'll touch up all of the textures.