While the event ended on Wednesday, we would be remiss to not acknowledge these very cool things regarding Mugen that happened recently...
Borewood releases Custom Kinnikuman (originally intended for event but had to be a little late)
dragonrod shows off another video preview of Grimlock
Zvitor returns to Mugen showing off Mr. Fantastic v2.0
chuchoryu reveals his new WIP, True Ogre from Tekken
Feel free to take those hyperlinks and discuss those things individually there.