This comes as a relief to many of his fans, as you can see in the responses below.
The other highlight of the event was the addition of Donkey Kong's villainous crocodile King K. Rool, who first appeared in Donkey Kong Country on the Super Nintendo in 1994.
New items and assist trophies are also being added to Super Smash Bros.
As rumored last night Simon Belmont of the original Castlevania series has entered the roster, and Richter Belmont as an Echo fighter. Chances are high that even more character reveals for Ultimate are on the way.
KitGuru Says: The amount of content being thrown into this version of Super Smash Bros is honestly quite astounding. Could there perhaps still be hope for him as a playable fighter? He looks to be somewhat similar to King Dedede in fighting style, but he can also fire off cannonballs at opponents. Ultimate Masahiro Sakurai said during the latest broadcast the team meant to reveal the design of every fighter before the game launched on the Switch later this year, with a few more to announcements to come. Then Nintendo cuts straight to the action, showing off Simon Belmont's cool moves in Smash Bros Ultimate as if it hadn't just murdered the dungaree-wearing coward. "Between all the iconic fighters, stages and music, it's the largest video game crossover ever produced - and nothing short of a Nintendo fan's dream come true".
Previously it was suggested that despite including every character from the Super Smash Bros. Fire Emblem's Chrom will be an echo of Lucina, whilst Dark Samus will echo Samus. Echo fighters can be separated or stack in the character select menu. It's up to players to decide how they want them displayed.
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Speaking of earworms, the only thing more stacked than the stage selection is the game's soundtrack.
Smashdown - Play through the entire Smash Bros. Up until now, each stage had its own music track. Ultimate character trailers above as well as the entire Nintendo Direct.
Nintendo is including a 3V3 and 5V5 elimination mode for tournaments.
In the reveal that Castlevania's Simon Belfort would be in the game, Luigi is literally scared to death by a Grim Reaper figure, and his soul leaves his body. Items in the game can be picked up and used offensively and defensively in battle.
It will be made available at retail December 7 alongside the standard version. We haven't had one of those since The Subspace Emissary in Super Smash Bros. If enabled, players can charge their Final Smash Meter over the course of a battle.
Squad Strike: When playing Squad Strike, players will participate in 5-on-5 or 3-on-3 skirmishes, with each player using either five or three consecutive fighters in one battle. Some took this to mean that Luigi had been officially killed off. This single-player mode is pretty straightforward, as it simply challenges players to fight through a line up of different characters, culminating with a fight against Master Hand (or at least that's the way it's worked in previous games).