Finally confirmed. Extra life bars are added in.

[Ardor]

If you look at the health bar you'll see that it isnt the normal colors. Above the life bar you'll see that there are a bunch of extra green boxes. Looks like you'll either be able to biuld up you're characters health or there is an option to increase health.

http://www.meristation.com/img-filer/juegos/PlayStation2/Arcade/DragonBallZBudokai3/meristation-budokai_27.jpg

[Sage]

Nice find...I was wondering if they were going to add something like that. Cool Frieza form.

[Budokai Master3]

oLD