RE: S-Type to learn super-x moves
you CAN start practicing your spocks, or at least the volcan with your 106 kombat. check out this page, http://www.guycribb.com/page0076v01.htm it has some really really really really awesome guides, check them out! really helpful
looping then thats another story and I dont have that much experience as to help you with that but If you ask me I would go for it!
good luck and good winds!