BUT, an Animal Crossing character won't happen. We went to that before right?
Said this before but Link should really get his Shield Bash (even with reflective properties) for his Down B instead of those damn bombs. It'd be a mild counter which wouldn't do damage, and needs a lot better timing than Marth or Ike's counter, but creates a very good opening to attacking. Something Link needs in his game.
Skyward Strike for Side B and I'm happy to. Really happy actually. Replace that Boomerang with something useful already. This would totally work, and is also quite iconic to the older games (as well as SS). The beam would not travel as far as the Boomerang, but it'd do more damage. Up to 14~16% but when stale 7~9%. Wouldn't have the greatest knockback, but still useful as a edgeguard. Can stop projectiles as well.
Make his AAA like the first hit on Toon Link's F Smash, but faster and weaker (and more hits of coarse, but less stun making it difficult still to hit another attack AAA to Ftilt would be a standard combo and could od a sweet 30% in total). Make it good for building up damage, Link needs that (especially with the Bombs gone).
Up B - Spin Attack needs to be much faster, could be done 2 times in a row even but doing it too much would exhaust Link (like Skyward Sword) and make him helpless. Keep the charge function to, and give it 1.5 x the range when it's fully charged.
The Bow needs to be aimable, and you should be able to move with the attack. Similary to how the Cracker Launcher works now, except no jumping and Link would be slower walking with the Bow. Charging stays, but is now slightly faster even than in Brawl.
That is basically how I'd revamp Link, short but sweet. Cause the more I think of it, the more I find Link's (forced) playstyle in Smash totally ********. Link is cool in TLOZ, but in Smash... Not so much. This would totally make me
main use him as a secondary character. Diddy will always be first of coarse