Just for fun. Here are my picks.

Ryu - Machida
Guile - Trevor Prangley
Zangief - Brock
Dhalsim - Anderson Silva or Diabate
E Honda - Akebono
Ken - Alan Belcher
Chun Le - Megume
Balrog - Manhoef
Fei Long - Cung Le
Bison - Barnett
Dee Jay - Remy Bojansky
Vega - Charlie Brenneman
Sagat - Overream (shaved head of course)
Blanca - Wandy or Gonzaga
Akuna - Zaromskis