Cloud is easily a top tier I just wish they would buff his range more.
Also I used Link's f-air yesterday and I'm still waiting for it to come out. They really need to make that move come out quicker.
I find Cloud's range to be in a good place, the only thing I could truly ask for to be bigger is NAir and I still find that to be a very viable move. Finishing Touch is now far larger than it has any business being post-buff, his FAir, BAir and Tilts all have MASSIVE disjoints on them, and UAir / DAir are just.. such nice moves. Cloud doesn't really have anything I find myself thinking "Man, I wish that was better." with except I wish his NAir was slightly larger. That's about it, as I said, I find Cloud to be in a very good place. That's not just because I main him, but I do find said fact gives me more experience with the character which does assist me in the act of making such bold claims in the first place. Cloud is never a character I find myself struggling with. Also Cloud is the only character I find myself actually using Wave moves with (Wavedash / Waveland) because he's just in a really good place to benefit from it, especially with Limit.
Falcon, on the other hand, could use a better dash (in terms of speed) and could do with more range on his dash grab.. but otherwise Falcon is still able to do a lot of the stuff he's always been able to. With Falcon, a DThrow out of grab can still lead to an embarrassing 0-death of NAir's into a Jab into a Knee as well as many other momentum based abilities.. he just struggles to get the engines started when compared to past Falcon. Still high tier.
Link is, in a VERY good spot. Link has never truly enjoyed the limelight, and right now I find him to be rubbing elbows with the top dogs of high tier. Yeah, he has some slow moves, but for a character that is able to lock down and turtle so well.. if you gave Link more speed he could become a SERIOUS issue.
If I could beg for buffs for any one character, it'd likely be Doc. I LOVE using him, he's really fun and I find him overall to be very solid.. but I don't see any real reason his recovery has to be that bad. It essentially ensures his death any time he gets knocked a decent ways off stage or gets edge guarded.