An octagon is what a squared circle really looks like. It'll look a lot better on GameCube.
Crave announced that its newest game in the UFC series, subtitled Throwdown, will be ready for the GameCube (and PS2) in Q2 2002.
GameSpot is saying that there will be a heavy emphasis on the create-a-fighter mode, where you can basically make a champion from scratch by starting out in small tournaments until you get to the real Ultimate Fighting Championship.