I was in 5th grade when MK2 was 'the' game. Hadn't been released on console yet... still rocking MK1 back then.
I remember spending all weekend playing those games, drawing the characters, making my own, etc.
I got out of consoles with the PS and never went further than MK3 (ultimate).
Having said that, that game looks like a kickass throwback to MK2 (acid pit stage) and MK3 as well. Makes me wish I had an PS3.