Alright, this isn't really a new ledgehog.
On smashville, you cannot kick near the center of the stage. In fact, the actual spacing for it is quite precise. If you care to know, the best way Ive been able to space it is by watching my position relative to the christmas lights that adorn the side of the stage. There are 4 puple bulbs connected by a red wire: start the kick slightly to the right or left of one of the middle lights (depending on which ledge you need), to the farther edge.
As for the actual move, I don't really see much use out of it. Barring the ridiculous spacing needed, Falcon has a much better game gimping people than trying to hog (only characters I'd actively go to hog are Olimar, Ivysaur, or Ike EDIT: and lucario I suppose). If you actually have the need to hog while standing far away from the ledge, I find simply running towards it + hugging is easier (an faster I think).
On a side note, I tried this out on smashville and FD, and FD has a much better indicator for spacing this. If you're smack dab in the middle of FD, the kick will autohog.