The princess of Hyrule is coming back to the fight for a third time. Zelda is re-joining Super Smash Bros once again. As in Brawl, this version of Zelda is in the style of the Zelda from Twilight Princess. Interestingly, the screenshots hint at the possibility of Zelda’s moveset having been changed.
In the screenshot above it looks like Zelda is controlling the suit of armor, which happens to be the same kind that she controlled in Legend of Zelda: Spirit Tracks for the DS. The stage this is being used on is Battlefield, meaning this armor is either an Assist Trophy or a part of her new move set.
While there are no pictures of Zelda as Sheik, the SSBB website separated Sheik from Zelda, so chances are she will be revealed separately. Finally, earlier this week Rainbow Road was confirmed as a stage, as seen below:
You can find more about the game on the official website here.