Heres another roster from me.
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Reasons for cuts:
Toon Link: replaced by Vaati. This one is controversial,obviously, because sakurai says 2 links are important,but at the same time hes going for uniqueness. One of links should get a rework, otherwise it should be Vaati.
Reasons for Inclusion:
Bowser junior: its not all that unlikely mario gets another rep. They had 5 in brawl, and there is a slew of other additions that are also possible. Between bowser jr and toad all the way down to Geno, bowser jr gets my pick.
King k rool: Dixie Kong interchangeable, I dont think I need to explain this. I will say that I think 4 reps is possible, but not likely.
Vaati: its a good way to rep the toon zelda games without including toon link. Ganondorf is to the master sword as Vaati is to the four sword. Its a similar concept. Vaati can have all the slashing and hacking with the four sword, but heavy magic with the special attacks.
Ridley: no explanation necessary
Palutena: Sakurai created the personality for the character, and im sure he had smash in mind when making characters for the game. I would be upset if she wasnt included.
Wolf: my last roster didnt have him, but the fox series needs some reworks. I can stand one clone, but 2 with the same final smash is where I draw the line. I know wolf isnt as cloney as Falco, but more can be done with both characters.
Mewtwo: he can come back alongside Lucario, they are not the same. Although I do hope Mewtwo is improved more.
Chrom: it seems like if anyone is getting in from FE, it would be between chrom and roy. While im okay with either, I really liked Awakening so I put Chrom in instead of roy.
Little Mac: whether or not the leak is true, I think little mac should be included. That stage seems to be a good sign.
Takamaru: a good retro character inclusion. I would like to see a stage. A samurai character would be cool
Shulk: Xenoblade showed us that better hardware isnt always the better game. With a new x game coming out, and monoloth being exclusively nintendo, shulk would be a great addition.
Isaac: either him or Saki, I chose Isaac. I think he has potential and uniqueness.
Mii: this all depends on whether Sakurai wants miis in based on the violence thing.
Rayman: Ubisoft is supporting the Wii U, and rayman legends has alot of exclusive features. Hes pretty unique and has a quirky personality. The only problem is Rayman isnt very big in Japan
So there it is guys, what do you think?