Man, I feel like if you pulled Snake/Liquid and Crono/Lavos out of that waste of a division and put Charizard/Blastoise and Tifa/Aeris in somewhere where they'd get cracks at Samus/Ridley type opponents, this bracket could be ten times as interesting. As it is... there's two, at a stretch three, divisions worth much (Phoenix Wright's and the Pokemon Trainers' are good, with Seifer/Squall's being the possibly interesting one). Finals could be totally uneventful.
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Praise the Black Turtle, Game of the Decade Guru Champ.
(Well, I never promised creativity, did I?!)