Project M is, ( Or at least was, when I was screwing with it ) a joke.
To each their own, but I love it. The gameplay is a lot tighter than Brawl, closer to Melee, and is a lot more balanced. My friends and I have become addicted. We've been playing any time that we all have off, which considering it's summer is fairly easy to do. We're thinking about hosting a local tournament, actually.