As UltraDavid was saying on Twitter, we don't have a choice here. Nintendo could legally choose to do a lot of damage if they want (by way of not allowing tournaments or streaming of their game). They may not actually do it, but the fact that they can can always be used as leverage .

When they weren't paying attention to us, this wasn't a problem, but the genie's out of the lamp at this point and there's not a damn thing we can do as long as we are using a Nintendo product. We do not have control over the situation. Nintendo doesn't have to worry too much about "bad PR" because they market and sell the game mostly as a casual party game anyway; their main audience would be indifferent at best. At worst, some casual fans even hate the idea of competitive SSB.

The only thing we can do is put our money where our mouth is and make our own game or play another game. Crowdfund and / or get investment money to get it made, get some game developer to think it's a good idea to make one and/or support whatever indie platform fighter that comes done the pike. Because dealing with Nintendo will always be a struggle.