Originally Posted by Thee Brain
Is it as good as the Career Mode in Here Comes the Pain, or at the very least similar?
Not even close. Universe mode is more similar to the GM mode from SVR games. You have the card for 3 shows per week and you can just follow what the game gives you and have the game build its own storylines and twists or you can manually edit matches (and inserts wrestlers of your liking, interfere, and all that good stuff) to create new feuds or new twists and turns to the running feuds.
Of course in contrast to the GM mode, there's no "ratings" and no ultimate goal other than playing through week after week after week in the WWE Universe.
There were some "issues" with Universe in '12, but I'd recommend waiting for any news regarding the Universe in '13.