Would you be willing to answer a few brief questions about PlayStation Forums?
http://www.youtube.com/watch?v=xHFAVie8R-UIn the character selection screen for this video it shows stars to the right and left...what are they for?
I remember discussing this before. most are in agreement that its a level of some sort. as you fight, you "level up" and unlock things specific for that character.
I actually think it has something to do with the amount of kills you got.
Because if it were for levels. I reached Lv 80+ with PaRrapa within 2 hours+ in that case.
It shows you how many kills you have with that character in your current session.