Yeah from what I'm reading and seeing our side step is being replaced with a side strike. Hits about like a 46P from the karate brats with a heavy knock back as well. It's not really "That" bad. My only mechanic concerns now are Break Blow balancing, Grappler balancing, and they better not have taken away side walking.
Can confirm sidewalking is definitely still in, HiC Throws hit like bombshells, and Fatal Rush does absolute garbage for damage and can be low held out of ontop of that. Break Blow if done raw does about as much as a fully charge shoulder from Kokoro at the cost of full meter... Not in love with BB they'll need to adjust that I'm sure.
Remember though, they plan on bringing it to EVO specifically for people to test it out and give feedback. So you can play it for yourself and give them feedback if the mechanic is too strong or it's too forced.