I finally decided to give it a shot today. I played through the tutorial and then played a bot match at which point I decided to watch a live tournament game. I have to be honest when I say I started to get bored halfway through my first game, and I am sure it has to do with playing it with bots. I am nervous to jump in to online without understanding most of what is going on, but I am sure that is the next step I need to take.
Not sure if it is supposed to happen or not, but when I click the live stream link at the top it says there currently is no show. I am however watching it on the Twich app on the 360, seems to be working quite nicely.
I am still going through mine and trying to do this, I use a spreadsheet with tabs for each system. I have also been putting them into system specific lists here on Giant Bomb, but the lists are kind of a pain now that there is no add button on a games page.