M.U.G.E.N 1.1 beta 1 released! Check it out at http://elecbyte.com/mugen
I don't know if the gif you posted is the entire animation.if you ask me, it only has 20 images, so you can use only those, somewhat not fluid would be better than nothing.
Is the 2009 release good to go with Mugen 1.0?
Your '09 link is broken. The link was improperly placed.http://www.mediafire.com/?vhnzglllntl