Let's get one thing straight, don't say "Less Caps", it's really how it's spelled. In all caps.
Here are our characters:
Naruto
Sasuke
Sakura
Kakashi
Ness
Lucas
Ninten
Claus
Sonic
Shadow
Knuckles
Amy
Lucario
Pikachu
Blaziken
Gallade
Yugi
Kaiba
Bakura
Marik
Yusei
Jack
Krow
Jaden
Alexis
Troll Face
Asdf Movie
TwilightSparkle/Spike
Rarity
RainbowDash
Fluttershy
AppleJack
PinkiePie
Derpy
Mordecai/Rigby
Finn
Jake
Mario
Luigi
Bowser
Weegee
Link
Oni Link
Zelda
Toon Link
Young Link
Goku
Gohan
Vegeta
Spongebob
Patrick
Squidward
Sandy
Plankton
Ike
Marth
Roy

Rules:
No Auto Kills

Form:
Character: (Can be changed)
Moveset: (If you change characters, you must change moveset. But the same character, than you can have the same moveset.)

My Form:
Character: Yami/Yugi Moto
Moveset:
Recovery: Winged Dragon Guardian of the Fortress
Attack 1: Dark Magician
Attack 2: Dark Magician Girl
Attack 3: Swords of Revealing Light
Attack 4: Mind Crush(Yami)/Celtic Guardian(Little Yugi)
Ultimate: Slifer/Obelisk/Dragon of Ra

Have Fun :)