I've personally always been a fan of more strategic than fast battles, but if the battles are made to look really fast, yet give you time to input your moves that sounds kind of cool.

As far as cinematic goes, I don't object to cinematics on principle, I just object to long cinematic that you can't skip. On option is shorter cinematic for moves, and another is being able to skip the cinematic if you so desire (like in Crisis Core).