MrWizzu (SRK's Mr. Wizzard?) recently posted the complete video that was used to create the now famous "Evo 2004 Moment #37" video. It contains part of the match between Justin Wong and Raoh that took place earlier, so we can finally see why the commentators were talking about revenge during Daigo's match. Note Daigo's composure throughout the match - it really is amazing how he can keep a cool head while everyone around him is going crazy.

history lesson: this match, along with some Japanese match footage that was floating around at the time, more or less made Street Fighter III: Third Strike one of the most popular fighters in the US. Before then, nobody really paid much attention to it, but once people got at taste of Japan's high-level play, it's popularity exploded to the point where Third Strike became the highlight of many tournaments.