That GamesCon footage revealed an amusing typo. Kula's command list has qcb+K as Ray Spin, f+B as Ray Spin (Stand) and f+D as Ray Spin (Shit). :P
Unless shit is German for sit. In which case, disregard this.
I really, really hope we never see slowdown this bad in future footage of the console footage. Slowdown in the offline mode is a bigger problem than lag in the online mode.