Years ago, something like this already came up and A PS2 tier list (comprending PS2 extra characters, mid-bosses end bosses)
God: Shion
SS: Gato, Kula
S: Oswald, Eiji, Duck, EX Kyo, Kim, Clark
A: Hotaru, Ralf, Kyo, Mr Big, K', Maxima, Jenet, Ash, Gai
B: Terry, Mai, Shen, Malin, Geese, Tung, Ryo, Iori, Duolon, Kensou
C: Yuri, Benimaru, Elisabeth, Jyazu, Silber, Robert, Adelheid, Kasumi, Vanessa, Magaki
D: Mary, King, Shingo, Momoko, Griffon, Ramon
E: Hayate, Whip, Athena
To me maybe EX Kyo is a bit higher but he is considered banned, I believe that Gato and Kula should too...
And yes, Magaki is C tier... He might kick asses, but he, in Arcade AND Arrange, has been nerfed a lot.
- Projectile damage was reduced about 50%
- Normals do... normal damage
- Walking speed is awful (not really a problem, since his dash is much faster)
- Not QS friendly (no moves QS)
- No DMs that hit (only the vanish)
- LDM damage has been reduced to SERIOUSLY LESS than a REGULAR DM, although it retains its properties
- Stun damage was reduced (pink explosions don't have much stun)
- His command move doesn't combo from normals
- No DC.
- Can only have 2 pink fireballs on screen at once, unlike the CPU version.
- In Arrange, blue fireballs disappear when Magaki is hit.
And the Tier is for the Arcade play of the console version