Tingle would actually be pretty awesome. Considering he has his own series in Japan which has kind of inherited Balloon Trip. I mean, if cleverly designed he could present a really cool move set.
N Special: Kooloo-Limpah!, seems to be nothing at all, Tingle does his special magic and throws up a bunch of magic sparkles ... 1 in 100 chance that this move will cause Tingle to become under the effects of a Smash Ball. Special, Tingle must press the attack button again to use this Smash Power, if he is attacked, there is a chance a Smash Ball will is knocked out of him, even if Smash Balls are turned off!
S Special: Say Cheese!, Tingle pulls out one of his father's Pictographes and takes a picture in front of him, anyone caught in the flash will be stunned, acts similar to Mewtwo's Disable.
D Special: Kooloo Balloon!, Tingle inflates his special balloon, having an inflated balloon gives Tingle improved jumping, but makes him much more floaty, also can be used in conjunction to his U Special. If inflated too much, it will explode overtop of him, you know it's about to explode when Tingle panics, ducks, and covers his ears. Mild damage on Tingle but can do severe damage on anyone caught in the explosion. Balloon can be popped by other fighters.
U Special: Up, Up, and Away!, Tingle leap, leap, LEAPS into the air! If Tingle has a balloon, he can leap very high, the balloon on his back knocking enemies, bouncing them away! If Tingle uses this move without a balloon, he will just give a leap into the air not realizing his balloon isn't inflated, and fall to the ground with a THUNK, stunned for a second, like how he reacts to having his balloon shot down in Majora's Mask.
Final Smash: Rosy Rupeeland!, Tingle summons his great mentor, Uncle Rupee, to rain endless rupees from the heavens, they only fall where Tingle moves, and the dangerous sharp gems cut and slash anyone unfortunate enough to get in their way! Make it rain, Tingle, make it rain!