Just to clarrify a little heer, Smash brothers isn't quite your conventional beat em up like Mortal Combat or soul Calibur. the game has a sort of semi 3D view, you can jump around platforms and other stuff in the arenas, do absolutely crazy things in mid air, and most of all, the object is not to deplete your opponent's energy but to knock him/her out of the arena (usually with some very weerdly timed air combos).
the view alone, with jumping quickly around a 3D arena and flying in 3D would be fairly challenging to represent in audio, particularly as at the moment, with the possible exception of the savage gambit, we don't have any audio beat em ups at all.
However, as I've said before, i really like the notion of an audio beat em up, and I deffinately would be interested in seeing match ups like old man Stanly vs Superliam, or lord vector vs vs packman.
remember though that all the characters in the smash brothers games are owned by one company, nintendo, and even when there are company cross ups such as Snk vs capcom these have to be very carefully worked out before hand.
Knowing what their humer is like though, I'm fairly certain some devs would be interested in getting together for such a game (Liam urven himself once suggested doing a supreme commander Ather vs X1 game, which is deffinately a step in the right direction). but i think it probably would need to have a lot of in put from all the devs involved, not just in the voice acting side but in the programming side as well, to make sure that their characters were being used in a game they approved of.
With our dreaming and singing, Ceaseless and sorrowless we! The glory about us clinging Of the glorious futures we see,
Our souls with high music ringing; O men! It must ever be
That we dwell in our dreaming and singing, A little apart from ye. (Arthur O'Shaughnessy 1873.)