This is not a complete tier list for two reasons. I am going to go more in-depth about characters than most do, so chances are, i will be tired of writing by the time I am done. I also think that there is alot of debate about the lower mid-bottom tiers and i dont want to deal with that right now because i spend much more time dealing with the top-upper mid characters. I have tried to make this as accurate as possible based on matchups, tourneys, and my opinion. please comment and enjoy.
top:
Snake (best overall character. decent recovery, heavy, and tilts are perfect combo of priority, speed, & power. also, tournament results don't lie and snake is atop the tourney rankings)
Metaknight (pretty undisputed that metaknight is second best. He has either the best or second best recovery, great edgeguarding game, quick lagless ground attacks and areals, plus a disjoint. Only thing stopping him from being the best character is his light weight and lack of diversity in the KO department)
high:
G&W (definately third best character, only thing under dispute is whether he's high or top tier. I put him in high because metaknight and snake are just consistantly owining and maybe just a step above G-dub. still, great priority, perhaps the best set of areals, and useful special moves give him this spot)
DeDeDe (this spot was very tricky. I think dedede gets the edge though because of his chaingrab and as i said before, tournament wins don't lie. DeDeDe also has one of the best spacing games with ftilt and waddle dees, and he has too many KO moves to count plus his chaingrab.
Marth (alright, i think marth deserves this spot because of a good balance between ground and air game. He has good priority and KO power on the ground, and quickness and priority in the air. His recovery is also decent and his spike is the best.)
Falco (for the first time in his life, Falco is in first command. The bird gets this spot because of his chaingrab to spike combo and great advanced techs such as laserlocking and short hop double laser. Down b is also better than it was before in my opinion because it is great for spacing. If his recovery was better he could even be top tier.)
ROB (this guy just recently earned his reputation as second tier. He probably the best camping game in the game because of his broken down b projectile, his very long ranged and high priority regular b and his good tilts and smashes for spacing. He is heavy and has one of the best recoveries which makes him hard to kill. Add all that up together and you've got a high tier character.)
Upper Tier:
Pikachu (Pikachu deserves to top the upper tier. He is not good enough to be considered high imo but he doesnt have a hard time beating the high and top tier characters. His ground game is one of the best, all of his specials are extremely useful and he is a top class edgeguarder with a combination of his good areals and his specials. He also has a good recovery and great priority on his smashes. QAC and chaingrabs against pretty much the whole cast are awesome. Speed is also a bonus.)
Toon Link (this is pretty undisputed. Toon link is very versitile and has a good ground game and good projectiles. His smashes are powerful and he has surprising priority for someone his size. His recovery is also beastly.)
Wario (Wario deserves this because of his recent emmergence in the smash community. He has the best air game out of all the tourney viable characters and he is very unpredictable because of his herky jerky style. He has a good but situational recovery as well. His only problem is the lag times on his smashes can be problematic sometimes although good players will get around it.)
Olimar (Olimar is kind of hard to place because his playsyle has never been seen before. That works as an advantage and disadvantage. He might move up the tier list as time goes on and more people figure him out but upper is a good spot for him. He has a great ground game with his grabs, throw, and smashes, and his air game is decent. Only bad thing is his recovery but good olimar players can find ways to deter edgehoggers sometimes)
Pit (pit is very good at racking up damage but sometimes has trouble KOing reliably. Nevertheless Pit is a very tournament viable character. He has a slight disjoint, quick areals and tilts, and very spammable specials as well as a reflector. Good recovery with one problem but usually you can get around it.)
Donkey Kong (after recent debates over this, this may not come as a surprise to some people. Donkey kong is considered a counter for both the top tier characters which is pretty beastly and as results show, it greatly helps him in meta and snake heavy tournaments. He has a gread spacing and ground game and his bair is very useful)
best three characters in the Mid Tier:
Ice Climbers (I think that IC, Diddy, and Wolf are all well above average but i didn't feel like implimenting another tier and i think they are noticably worse than the upper tier. Ice climbers are very good however. Their ice blocks can disrupt many players recoveries like pit and diddy kong and their a attacks are all decently powerful. The thing that sets them apart though is their de-sync game. When mastered, their chaingrabs and combos are very effective.)
Wolf (I kept him out of upper because of some problems KOing reliably if his fsmash is deflated and chances are it is because most wolf players go to spam-heaven with this move. His blaster is good because it covereres too wide an area to duck and it does damage and hitstun. His reflector is a good combo stopper and it is good for spacing but his recovery is subpar because of high falling speed and low jump height. Also, the diagonal flash isnt as useful as the phantasm or fox's because it is useless on the stage and it is harder to master the spike at the end than with falco's.)
Diddy Kong (sadly, it looks like diddy kong is still second banana to donkey kong. Before and right after the games release, there was alot of hype about him but once people realized his recovery was gimpable and bananas arent as useful as you might think, he moved down. Also, his tournament results are nothing to get too excited about which shows that when applied in a real situation, he isn't the ****.)
comment please. Hope you liked it.