In case you hadn't heard already, TMNT is coming back to arcades thanks to Raw Thrills. I spoke with the producer of the game last week who talked about playing "every arcade brawler ever made" in preparation for making this.
I'm seeing some people complain about the art style but that is due to the license. Wouldn't make sense for RT to pay Nickelodeon for the license from the recently finished TV show only to not use the assets from it (and they probably require that the design and sounds be used).
Links & videos for details