The tournament patch for Street Fighter x Tekken is now live on PSN and XBL. The update fixes the sound issues that plagued online matches and lets you customize gems at the character select screen. It doesn’t seem like any of the infinites have been fixed yet. Version 1.02 should be a quick download since it’s only 20 MBs on PSN (or 2MBs over XBL). I played a few matches online and the results have been mixed. While it could just be my opponents, it felt like there was slightly more input delay in a few of my matches after the patch. Overall, the new update seems like it works as intended with little to no problems.
Source: SRK Forums