Wow, what a day. I never thought in a million years that Cloud would have ever been added into Smash. Yet again, Sakurai has proven himself, for better or worse, that Sakurai is a master of surprises.
This is good because it shows that only legendary characters will be added as third-party character. Cloud, being the protagonist of FFVII, the best selling-game in the franchise that made JRPGs popular with the mass consumers and the franchise that defines the backbone of JRPGs, shows that this is still intact (which is why I was worried about the Shovel Knight rumor coming true as it would be an relatively obscure third-party character potentially getting in). However, I am hoping that this doesn't mean that last two characters are going to be third-parties as it would be highly disappointing to not have at least one Nintendo newcomer.