Well, Travis getting deconfirmed is a bummer, but at least we can be sure of a few things:
1. Cacomallow is 100% dead. It's delusional to think otherwise. And no, a 5 year NEGOTIATION process coupled with a programming nightmare of a character is not an indication of the survivability of the maximum 6 month efforts that are Mii costumes. It's dead.
2. Mii costume guy has also been discredited as there was no Joanna Dark. We're not getting another Microsoft rep, so that's that.
3. There will not be another character in time for the Mario tournament. This either means it was always irrelevant, or we're not getting a Mario character in the already decided-upon pass.
Now to look toward the future and figure out the more murky stuff. For one, there are now an uneven number of missing Mii costumes, but an even number of remaining fighters. This could mean any number of things. We could be getting two in one or more presentations as was the case with the Megaman and Sonic costumes and one in the remaining assuming none get upgraded. The fact Lloyd is now the sole Namco costume does bug me. We've had two mii costume massacres in a row with a Namco character where the fighter was not from Namco. The way I see it, that could mean a few things. Lloyd is seen as specifically a Tales character in the way Hero was specifically Dragon Quest rather than the associated companies, meaning he'll either be upgraded and come with his own Tales costumes, or the reverse and he'll get costume'd while we get someone like Yuri or Alphen as a fighter. The other possibility is we just don't get another Namco character and his costume is revealed whenever.
Capcom and SQEX have two missing costumes each. We can't really determine a precedent for either unless we want to go back to Smash 4 when rules could have been different. There's no way to determine if this means we're definitely getting a character from both/either or we aren't. And that's assuming there won't be at least one costume that just doesn't return (and not because they got upgraded to playable).
Man, I'm already hoping we get an FP8 reveal soon just so we can figure out what it means for the future of speculation.