Since people have decided to post movesets for Toad. Here is the one I made up for him back in 2008/2009 (I made a more recent change to it, where I changed his recovery to the propeller block):
Toad moveset:
Toad will be a very interesting character in terms of stats. He will be very fast, very light, but extremely strong and have poor recovery. You might be confused as to why I am planning to have Toad like this, however, these stats are derived from actual Mario series canon. In Super Mario Bros. 2 (or even better yet, go check Super Mario Advance), Toad is ranked as the fastest of the four characters (5/5 rating), the strongest (5/5), however, he has the poorest jumping (2/5). He is also very light, as he is usually among the lightest drivers in the Mario Kart games. Toad’s trophy profile in Brawl also makes mention of Toad’s “superhuman strength.” A character that is both a speed character and a power character has not been done yet in the Smash Bros. series., so I decided that this would help to make Toad quite a unique character addition.
Toad has also starred in many games over the years, and much of his moveset will be derived from his abilities in Super Mario Bros. 2, Wario’s Woods, the Mario Kart series, New Super Mario Bros. Wii, as well as some of the Mario sports titles he has been in. Toad will also have some special abilities that are unique to him (much like Peach’s floating ability is unique to her). I am hoping that the moveset that I have crafted for Toad will help dissipate the belief that Toad would not be an unique character addition.
Stats:
Speed: 5/5 (Toad is among the fastest characters in the game)
Power: 5/5 (Toad is very strong, like Ganondorf or Ike strong)
Recovery: 2/5 (One of Toad’s worst qualities, Toad’s recovery has little horizontal recovery, but excellent vertical recovery when fully charged)
Weight: 1.5/5 (Toad is one of the lightest characters in the game, about Kirby’s weight).
Toad Regular Moves:
Due to short length of Toad’s limbs, you must be quite close to your opponent in order to hit him or her with your attacks. Toad relies on his massive head for a lot of his attacks due to this.
A: Left-punch
AA: Right-punch
AAA: Toad puts both his hands on the ground, and kicks his opponent with both of his feet (Pikachu’s A-tilt)
Side-A-tilt: Toad does a spin-kick.
Running-A: Toad headbutts his opponent with his huge head while running.
Down-A: Toad headbutts his enemy (think Pikachu’s regular A-move)
Up-tilt A: Toad jumps up a little bit to do a headbutt.
A-Air: Toad spins around in a ball.
Backward-air: Toad kicks from behind.
Foward-air: Toad does a foward headbutt spin (meaning he headbutts by spinning head first into your opponent).
Up-air: An upward headbutt.
Down-air: Toad falls instantly down head first on his opponent (think like Toon Link’s Down-air). If the attack connects he will bounce off his opponent and be in the air again. It’s a spike if the opponent is in the air.
Smash-foward: Hits opponent with tennis racket, it is perhaps among Toad’s weakest moves, but it possesses the properties of a special move in that it can reflect knock back projectiles if timed right.
Down-smash: Hits opponent with a golf club, this attack has the most range of any one of Toad’s A-moves. It also has a sweetspot at the tip.
Up-smash: A very strong headbutt, hehehe, no. He actually flips upside down to do and upward kick (think ROB’s Up-Smash).
Special moves:
Regular B: Bombs: Toad pulls out a bomb from Wario’s Woods. The bomb is quite powerful doing 15% damage a piece. If B is pressed again Toad will place the bomb on the ground and kick and the bomb. The bomb will slide along the ground and won’t explode until it falls off a ledge, hits a wall, hits an item, or hits your opponent. This is based off of an ability from Wario’s Woods.
Side-B: Toad Kart: Toad rides his kart from the Mario Kart series. It is like Wario’s bike in that you can ride into your opponents with it to do damage, however, there are few key differences. One is that Kart is a tad slower, does slightly less damage, but has much better traction (turning). Toad will also be able to throw any items he is holding while riding it, much like in the Mario Kart games.
Down-B: Veggies: This is similar to Peach’s down-b but there are a few key differences. One is that Toad will be able to pluck the veggies, that come out of the ground much faster than Peach (in Super Mario Bros. 2, Toad was the fastest plucker, wheras Peach was the slowest). Toad also does not have his plucking limited to turnips. Toad will frequently also pick up pumpkins, radishes, and peppers (as well as the other veggies that you could pick up in Super Mario Bros. 2). Toad will also occasionally pick up some of the items that appeared in Super Mario Bros. 2 when doing this such as a Koopa Shell, a bob-omb (yes, sometimes bob-ombs would be picked up), a POW block, and some rare occasions a stop watch. You only have a 5% chance of picking up an item (meaning 1/50 shot), however, the move is well worth it considering that besides turnips, the other veggies that Toad throws do more damage than most of Peach’s turnips, and he is able to pluck them faster and throw them farther.
Up-B: Propeller Block: This move is based off of the Propeller Block that can be acquired in New Super Mario Bros. Wii. Toad basically pulls out the propeller block, and flies up really quickly. Holding onto the propeller block will make Toad slowly descend (like Peach's parasol). The downside to this recovery move is that while it has excellent vertical recovery its, horizontal recovery is non-existent (outside of slowly descending). The propeller block only goes straight up.
Final Smash: Bomb Barrage: This Final Smash is inspired from Wario’s Woods. The fairy-sprite thing from Wario’s Woods will shower lots of bombs from the game all over the arena you are fighting on. Toad can gather these bombs to stack them and kick them individually like in Wario’s Woods. The bombs will explode once they hit your opponent (the bombs won’t backfire on Toad). Sometimes, the black bird from Wario’s will appear in the fairy’s place and shower random enemies from Wario’s Woods instead. Unlike the bombs, the enemies can be continually reused. This is not a powerful Final Smash, and can even be classified as one of the weaker ones.
Toad has a an unique ability exclusive to him. He has the ability to run up walls like in Wario’s Woods, however, this ability is only useful for stages such as Fourside and Saffron City.
Toad’s taunts are as follows:
1. Toad will wave at the screen and say hi.
2. Toad will jump up, and say yahoo (Based off of when you would select him in Mario Kart 64).
3. Toad will clench his fists, and look determined toward his opponent and say, “I’m not scared.”
Victory animations:
1. Toad will give the peace sign, and say “Sweet.” This is based off of what he would do when he would win a match in Wario’s Woods.
2. Toad will be jumping up and down saying “Yippee I won.”
3. Toad will pump his fist, and say “I guess you underestimated me.”
Toad idle animation:
Toad will normally just have his fists clenched and try to look determined and brave. Once and a while, Toad will have nervous expression on his face and look around.
Toad running animation:
Toad runs with his arms thrown back (like Ness’s running animation).
Toad shielding animation:
Toad will use his arms to block his big head.
Toad costumes:
Costume one: Greed spots on shroom head, with green jacket.
Costume two: Blue spots on shroom head, with red jacket.
Costume three: Yellow spots on shroom head with yellow jacket.
Costume four: Black spots on shroom with black jacket.
Unlockable alternate costume: Toadette or Toadsworth
Kirby Hat: Kirby wear’s the Toad “shroom hat”.
Toad-Snake Codec Conversation:
Snake: Hey, Mei Ling, who's the ****** with the spotter hat?
Mei Ling: That's Toad. Toad is one of Princess Peach's trusted body guards.
Snake: If he is so tough, then why does Peach keep getting kidnapped?
Mei Ling: Well... most Toads are cowards, but a few are very brave and even accompanied Mario and Luigi on their quests.
Snake: I guess this one must be one of those Toads...
Mei Ling: One more thing Snake, Toad may be small, but he is extremely strong. Please don't get caught off guard by his small size and meekish disposition.
Snake: Don't worry. In Smash Bros., I have learned looks can be deceiving...
End of codec.
End of Toad moveset.
remium:
), and Wario's Woods. I think I might download them tonight... it's only 1500 points, right? 
