I don't think Nintendo holds 'grudges' like that. Also should avoid assumptions like how many third party characters were supposed to be in Brawl. I've heard a lot of stories about Brawl's development and the conspiracy theories related to lack of Mega-Man/Pac Man and how Sonic and Snake got included.
Never any hard source for these stories. And Sakurai is fairly open about his tenure on the franchise.
I have my own little theory: Sonic and Snake got in because their parent companies simply asked. Sakurai and Nintendo overall seem chill enough to be open to all sorts of guest characters, Capcom characters included, license and tone permitting. I believe Capcom didn't care to ask at the time.
I'd buy that over the Big N holding roster spots ransom.
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