It's safe to say now that leak is 100% legit. People have got their hands on the Japanese version of the game and have been live streaming it. Everything is real.
Playing Smash Bros on a handheld console feels so damn right. Funny enough, a buddy of mine had an extra code for the demo since he's been in Club Nintendo for a while now.
I only wish there was an option to move with the d-pad instead. I can already see this wrecking my circle pad. Villager is pretty op as far as I could tell. A lot of his/her attacks and expressions are funny.
People are having problems with the pad already. I suppose it would be a good idea to learn precisely how fast you have to "tap" the circle pad to do smash attacks, although when things get frantic that might prove to be difficult.
S/he (you can play as either, like the Animal Crossing Villager) actually has a really cool/clever/different move set, which is what it's about really. It's all Yoga moves and stuff, and the concept of using this breathe in/breathe out move to make subsequent hits more effective.