EA definitely has a highlight reel mentality when it comes to making their sports game. I don't agree with that approach, but I personally feel that this is their best sports title in a long time. Aside from NHL, I don't play hockey games so I can't comment there.
My first online ranked match, someone picked Jon Jones (shocking) and spammed all sorts of ridiculous kicks. He ended up knocking me out a minute into the 2nd round and to that point had thrown over 100 strikes total. Maybe it's my fault for not countering effectively, but it never seemed like his speed or power took a hit despite throwing so many strikes. So I never had much of an opportunity to get in on him.
My two exhibition fights on the other hand were a lot more methodical. My opponents actually played smart and fought at a realistic pace and implemented a real gameplan.
So, it seems like there's still something to be had here. For those who want a sim experience, it can still be found with the right opponents.