I don't buy it.

For one thing isn't Ashly meant to appear in the background of the Wario Ware stage. Furthermore all the images I can make out are of poses we already had. Lastly the graphical styles are blended rather poorly.

I'm not sure if I buy it or not, especially since I can't tell who the hell some of those people are due to the puny writing or bad pics. If it's real though, people are gonna be happy with the inclusion of some unconfirmed people in there.

Do I see Marth?

Oh man, if this is true, I'm definitely going to have to get Brawl.

I doubt it. I'd be fine if this is the roster, but many of the images are in different styles, like black doom said. This would be a good lineup, but I don't buy it.

I'm pretty sure this is fake.

It does suggest a number of "model swap" characters that I recall them downplaying in this one. I noticed Black Shadow there, and can't imagine how he would differ so greatly from Ganondorf and Captain Falcon and the other heavy characters to warrant being there.

Characters I can't quite make out:
[2,4] - Ridley? Some Metroid thing?
[2,6] - Sylux or some other dumb MP:H character? Dark Samus?
[3,1] - Fox's wolf enemy or whatever?
[3,10/11] - Some FE girl + Marth?
[4,9] - ?

I would hope that all of these characters would have unique move sets and warrant being in the game. A lot of them seem like they could be model swaps or alternate colors.

Just a few problems with that roster:

1) Micaiah's picture it her 2D Radiant Dawn picture rather than having updated graphics like Ike (though I'm sure she is still in there).
2) Sakurai wanted 3 third party characters, Snake and Sonic are the only ones there.
3) It's doubtful for a cell shaded character like Link to be in there.

Of all the characters on there, I'm sure the only ones who really will be in the game who aren't confirmed yet are:
-Ashley
-Krystal
-Bowser Jr.
-Black Shadow
-Micaiah
-Lucario
-Ness
-Mr. Game & Watch
-Midna
-Ganondorf

Also just noticed this now, but Donkey Kong and Diddy Kong only have "Donkey" and "Diddy" over there picture, their full names aren't there like they should be.

Look at K-rool and luigi.

Look super real, but at the same time, I dunno why they'd put Midna as a playable character. And that box art is obviously fake.

Everything is fake, pretty much. Wind Waker Link and previously posted pictures equal fail.

Nice Photoshop, I admit.

Most likely a fake. I can't even tell who some of the characters are in the pictures anyways XD

I can wait for Brawl to see who is on the final roster. Or for Nintendo to announce it themselves.

If this is real I will sign everyone's guestbook who posts in here.

Isn't gonna happen.

Some, But a Very Few Look Real, But Most look Fake.

The Ness Was a good Fake... The Rest are 2D Artwork Mostly.

what happened to zero suit samus?

how any one could fall for this I don't know...

You have to admit though that if they were going to include a Young Link, they'd use WW Link.

...And that if they did use WW Link, that they'd bother to use the cel shading technique. Therefore I wouldn't call Young Link fake based entirely on the art style.

Micaiah looks drawn though, which makes me skeptical. Probably a fake overall.

LUIGI!

But since everyone is ripping this to shreds, it does look semi-fake, especially cel-shaded Young Link. Who knows, we may be wrong. Still, Luigi had better be in.

Midna? Dark Samus? King K.Rool? kay..

This is incredible.....But it is not that believable.