It would be a huge hit? No it wouldn't.
You'd like it, as would some die hard "fighting" fans, but in a video game... it would be boring as hell.
There've been games... some new ones that look promising even (
https://youtube.com/watch?v=ycGKg03Cgv4) but the sad reality is, you can't think of any because they simply didn't do well enough to even be noticed.
As sad as it is, only die-hards want true reality... the rest of the people want to be entertained, and that involves fantasy, special effects and most of all.... the impossible.