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You can skip to 1:15 to see Valkenhayn's Distortions, if you lack patience.
According to the video, he's a mix of Slayer & Johnny. Not that I understand Japanese, bu they actually show Slayer and Johnny in the video directly before showing Valkenhayn himself in action.
- He can hold it to maintain Wehrwolf form, but it drains his gauge.
- The lower the Wehrwolf gauge, the lower the damage of the attacks using it.
- When the Wehrwolf gauge is empty, he can't use Drive attacks, or any of his supers, until it regenerates.
DAT WOLF.
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Platinum was officially announced today, as were the Balance Patch's details. Here's a very rough translation.
http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ja&tl=en&u=http%3A%2F%2Fgeneralnantoka.blog35.fc2.com%2Fblog-entry-370.html%23cm Pretty much, it's the following. The details to the changes themselves are all lost in translation, but below is the general idea.
Ragna - Nerfed
Jin - Buffed
Noel - Buffed
Rachel - Buffed
Tager - No change
Taokaka - Nerfed
Arakune - Nerfed
Litchi - Nerfed
Bang - Nerfed
Carl - Nerfed
Hakumen - No change
Hazama - Nerfed
Makoto - Nerfed