Getting myself caught up with everything in the last few hours/overnight. Really interesting stuff!
As Coro Coro is the only source to report 108 stages, i’m not entirely sure what to think. While i’d really like to see 5 more stages, I personally don’t think that confirms additional characters as they could be stages for series already in Smash, series without a playable character in Smash, or Smash original stage.
Vergeben has doubled (maybe tripled) down on Incineroar and Ken, but not a Square Enix character. While this itself doesn’t mean we aren’t getting any other characters, Verg appears to be unable to shoot down the “box theory” on his own.
As the dude who went hard on the box theory the other night, I will say that I would gladly be wrong about it and would love more characters and more stages to go with them. I do find it odd that the stage select screen would have 5 random empty slots and not fill them in later on.
Moral of the story: continue to temper expectations. At this point, nothing will confirm additional characters than LEGITIMATE leaking or confirmation of more characters. Taking anything else as a confirmation of characters past Incineroar and Ken puts us in territory where there truly may be nothing left, and that’s something to prepare for.
You should/can hope for more, but keep your expectations in check.