Difficulty - Deturmines how difficult the computer controlled characters are to beat in every mode but True Tournament mode, where they are always set at the highest difficulty, and Story mode, where they are always set at the lowest difficulty.
Number of Rounds - Let's you deside the number of fights required to complete before fighting Destiny in Classic Tournament mode and Ladder Tournament mode with a minimum of 3 and maximum of 9 as well as the number of rounds per fight in Verus mode and Battle Beat mode with a minimum of 1 and maximum of 10.
Time Limit - Lets you go without having to worry about the time or set the time for up to 2 hours per fight in True Tournament mode, Classic Tournament mode, Ladder Tournament mode, Practice mode, per round in Verus mode, Battle Beat mode, and per match in Destiny Says mode.
Handicap - Lets you handicap player and computer characters in all modes but True Tournament mode and Story mode.
Game Speed - Lets you speed up or slow down the overall game expect in True Tournament mode and Story mode.
Max Hit Points - Deturmines maximum hit points in every mode but True Tournament mode and Story mode before taking into account special character conditions.
Max Energy - Deturmines maximum energy in every mode but True Tournament mode and Story mode before taking into account special character conditions.
Continues - Lets you deside how many times you may continue in Ladder Tournament mode from 0 to 15.
Damage Ratio - Deturmines how much damage basic actions, moves, hyper moves, and super moves do based on a ratio to the damage they normally preform. Doesn't work for True Tournament mode and Story mode.
Ammo Ratio - Deturmines how much ammo the characters and their weapons have based on a ratio to the ammo normal limits. Doesn't work for True Tournament mode and Story mode.
Display Settings - Allows you to ajust display to allow for maximum viewing. Since this is game rather than mode specific, this will help out all modes.
Camera Settings - Messes with options for the camera for all mode but True Tournament mode and Story mode.
Music Volume - Adjusts how loud the music is in all modes but True Tournament mode and Story mode.
Voice Volume - Adjusts how loud the voices are in all modes but True Tournament mode and Story mode.
Sound Effects Volume - Adjusts how loud the sound effects are in all modes but True Tournament mode and Story mode.
Controls - Allows the controls to be changed for all modes. On the Play Station 2(3) and X-Box 360 versions, the movement controls got to stay mapped to the control sticks and opposite controls like sidestep left and sidestep right need to be mapped opposite 1 another.
Save - Allows you to save progress. Game specific, not mode specific.
Load - Allows you to load a game so that you don't have to reunlock stuff, don't have to restart a tournament you were in the middle of, and don't have to start Story mode over. Game specific, not mode specific.
Autosave - Lets you deside wheather or not to have the game autosave between fights. Game specific, not mode specific.