The presentation and combat are very similiar to the PS2 version, but on top of the basic magic attacks (minus gravity), there are a bunch more, as well as a mess of special physical attacks (plus finishes, command styles, d-links, shotlocks....yeah, there's a lot you can do).
Basically, it's a more involved (and fun) combat system, but it does have a command setup slightly reminiscent of the card game.