Hmmm, now would be a good time to submit that M-7 character idea that I had. I'l probably do that later, but for now....

Name: Spark Drillman
Appearance:
Drillman with Sparkman's head and colours, along with longer drills and a tiny drill on his head.
Personality: Paranoid, and he does not know what he is supposed to do with his life and his powers. He will however happily fight to protect himself whenever someone tries to kill/attack him. He wants to find out what his purpose is. He does not like missions as he fears that he might screw up badly.
Backstory: Spark Drillman is a robot master with an unknown creator. No one knows who made him or and why they did so (even spark drillman himseld doesn't know). He came into the world not knowing what to do with himself. Along the way, he was challenged by a few robots, each of them losing as they were no match for his varied powers. During his life, he had thoughts about whether or not something out there is in need of his powers. There is one rumor that said Michael712 created him by "thinking", and that it somehow lead to a distant portal leaving a strange creation (Spark Drillman). This is thought to be untrue for some reason.
Weapons: Spark Drillman has many different weapons and attacks. Firstly, those drills on his arms can be used to both drill into walls, floors and ceilings, but they can also emit sparks. Spark Drillman has the power to generate up to 30,000 volts of electricity.
Attacks: Can dash forwards with his drills in front, both drilling and electrocuting the enemy if they hit them. If he misses (which he often does) then his drills get jammed into the wall and he must spend 1 second getting them out. He can also jam his drills into walls and floors and emit sparks that travel across them. He can travel inside grounds/walls/ceilings like Drillman, only slower. He can shoot an electric drill like Drillman that emits sparks in multiple directions when it hits enemies or surfaces. Using his electric drills he can also emit close range or long range sparks to electrocute enemies, or just use them as a melee attack.
Other: He likes coloured light decorations for some reason.

Name: Manibogi
Appearance: Young adult (Or old teenager, if you will) with white megaman style hair and black armor. A bit shorter and less bulky than in the image (which is at 2x zoom, BTW).
Personality: Serious, gets angry really easily.
Weapon/Other Abilities: He wields MB Buster, which fires fast bullets at a frightenly fast rate, homing missiles called Flare Crackers, that leave a trail behind them, "Shock Granades" that stun his opponent, and a knife. He can also wall jump and dash.
Other: He loves sneaking behind opponents, stunning them and then killing them with his knife, and sniping them with his buster and Crackers at long range, as well.

We can have more than one character, right?

You can have more then one.
But if you do others, can you please give them a little bit more abilities/weapons. The more weapons/abilities a character has, the more I can do with them!

You mean I have to re-do his weaponry, or is that just a tip?

Added more stuff anyway, I just felt like it was too much and cut some weapons and the dash, but you know what they say, the more the merrier.

Three quick questions:
Even if your old character is dead can you still use him?
Earlyer you said that your old characters still count to your total amout if they get better, if they are gone for good does that lower your total amout?
And what is the cap for a character to not be OP (besides OHKO's).

Name: Boner Man
Appearance:
Personality: Extremely insane and unpredictable. He is prone to random mood swings at the worst times. Usually funny and somewhat silly with a knack for innuendos, he turns insane and bloodthirsty at the drop of a hat due to a programming error.
Backstory: CREATED BY THE EVIL DR. WILLY TO DESTORY MEGAR MAN ONCE AND FOR ALL
Weapon/Other Abilities: Boner can stretch his body. He is equipped with the dangerous Rising Boner, which fires fast jet-powered bone projectiles from his buster. In addition, he can shoot laser beams out of his eyes.
Other: Likes children. 7 foot 4 inches.

EVERYBODY'S GETTING RAPED

Here we go, reworking Epic Kirby

Name: Epic Kirby

Personality: Can be egotistical. Likes cracking jokes, and if possible, one liners. Though if bad things happen, he will get serious. Doesn't like things getting stolen from him. Enjoys dramatics.

Apperance: A green kirby with a top hat. How original.

Backstory: Not much to speak of. Just hangs out in his tower and works on projects.

Weapon of Choice: A Laser Blaster. Can be upgraded to bounce off walls, but if it does this, it drains power from the gun, and it must be charged if used too much.

He also has a sword he keeps in his hat. Cause you can do that.

Abilities: "Magical Barrage": An attack he learned from Galaxy. A green aura surrounds him, as a lot of magical attacks go flying at the enemy. While this can't do any damage, it can push enemies back.

Happy Explosion Day: Runs up to an enemy, and causes explosions to erupt around him/her.

Can maintain flight for a few seconds

Can shoot small balls of fire. Kinda like Uncharged Pharaoh Shots.

Other: Likes to call himself the "King of Witty" cause he's egotistical