It's a reboot of the original series, based on the manga. The game got rebooted, too.
^From Bushi's official CFV channel.^
Bushi uploaded ep.1 to YouTube on Saturday morning instead of evening like they did with G (at least in my time zone.) Not sure if it'll be a regular thing, but I like it.
Looks like the new series is taking more time with character stuff, considering that the tutorial fight will happen in ep.2, something past seasons never did.
The animation's a hell of a lot better than the previous shows.
Guess the dub will come out when it comes out. G's dub has 2 episodes left at the time of posting this thread so it might not take as long as G's did.