Not a bad analysis.  Thing is I haven't seen any real evidence of Kata 
in the style.  If you're using the First series credits as a base they show 
Ranma and Akane performing the clasical Tai-Chi-Chuan form which just about 
everyone in China performs to keep healthy.  Well Tai-Chi is an effective 
Martial art, but only after you've practiced it for at least ten years.  Which 
is why Bruce Lee decided to learn Wing Chun instead when he was young.  As I see 
it the only real place of Kata in Anything goes is as exercise.