Notes:

No, it's not a fake leak made with bad editing skills, my dad is Sakurai from the future and gave me this picture of Man Ray early in development. He told me he choose Man Ray instead of the Dirty Bubble because he said Smash needs more humanoid villains.

Edit: Okay, so my dad is apparently Kojma from the future, not Sakurai. He was just trolling me. He told me Man Rays render is just Etika with a haircut.(I know, you cant even recognize him without his flattop hair). Hopefully we can see Man Ray appear in Smash 5.