So I'm curious about something, if Nintendo publishes a game, but does not develop it, are they technically able to have a character in Smash bros (or perhaps any representation)? I've never been too sure how they decide on what games they are able to pull from, and I'm asking this as Nintendo is publishing both Ninja Gaiden 3, and Bayonetta 2 for the Wii U, but don't technically own the IPs.
Not saying I'd really want Bayonetta in, but it makes sense as to why Kamiya has been so salty towards Playstation all stars if she is in Sm4sh.
Now Ryu on the other hand, I'd dig it if he was in, as the NES Ninja Gaidens were damn good.