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The easiest way I found to get the points needed to buy the extra characters is as such-
Start up a training fight, any characters will do.
When youre done sparring (or not, you don't even have to move the character any)
Dont pause it, just let it run- turn the tv off, leave the console on- it matters not. Because you earn roughly 10 points every minute you spend "sparring". In two hours I earned over 2k points and used it to buy roughly two characters.
The best "Beam" team up combo in the game is performed by the group of Iron Man, War Machine, and Cable.
It will take 80-90% of the life bar away and kill the end-boss with one blast.
Select projectile assist for all characters
and get your hyper meter up to 3 then press both assist buttons to let loose!
Secret move for Ryu, Ken and Akuma:
First you must complete the game in arcade mode to get enough points so that you can buy Ken and Akuma.
When you have bought Ken and Akuma, go to Arcade mode and select Ryu first, then Ken, and the Akuma.
Then, when you get Level 4, press L and R at the same time.
Then Ryu, Ken and Akuma will Start talking and they will then perform a move which instantly kills all 3 of your oppenents evn when two of your opponents are not active!!!
Allright this isn't really a cheat but its pretty cool.
First fight anyone as anybody in any mode then make sure you win.
After it says Winner press Start and you could beat them up after their already knocked out.