I can't really vouch for this guy because he's 4th party.
Even if the 4th party rule wasn't an obligation, I still wouldn't vouch for Captain N because all he and his show did was make a laughing stock out of good game characters. Not to mention that some Captain N episodes didn't have anything to do with Nintendo. The people who aired it were clearly not interested in the show around the time it ended, and personally, I can't really blame them.
Even with all of that aside, he's sort of a lame character. I can't picture many people wanting to play as an 80s high-schooler with a Zapper.