Honestly, we should first take a look at major tournament results of 2014 and then give priority seeding to the players who made top 3 because they earned them. After wards, we can go over who should be seeded based on how the community feels their skill level is. Based on what I've read from FB/Twitter Reynald, Romance, Fox, Koopa and Bala won't be attending Evo this year so I'll be excluding them from this list.
1) Tokido - Should be given the best seed because he's the most consistent tournament player this year. He's recently won KoF at IGT2014, NWM6, and SEAM2014.
2) Luis Cha - Outside of Reynald, he's probably the 2nd most consistent tournament player this year. 1st at Japanawa 2014, 1st at Stunfest 2014, 2nd at CEO2014, 4th at SCR2014
Besides these two I'm not sure about the order of seeding the following players.
Violent Kain - 2nd place at Japonawa2014 and 9th at SCR2014. Probably the most consistent player with the EX Iori rekka loops
Khannibalito - 1st at SCR2014, 2nd at Hyper Battle
Woo - 2nd at Evo2013.
MadKoF - 1st at Evo2012, 3rd at Evo2013
Verna - 2 time top 8 placement at Evo
ET - 2nd at IGT2014
The above would be my top 8 seeds based on tournament track record for the year as well as past Evo performances. I would also seed the following players.
Toshi
Javier
Huevo
Pako
Mr.KoF
Ricky Diaz
Chris KoF
Lacid
Ren
Xian
Frionel
KouKou
M'
Dune
Sange Tenchou
Haregoro
Gutts
Misterio