For me PM would be at the top but it's just on the cusp slightly under Melee. The big thing I dislike in my eyes is the state of recoveries which are still way too good even after nerfs imo. So many recoveries in the game either have the absolute vertical power to bypass, the active damage/hover frames to hit anyone on edge, or quick enough recovery to be a semi-non factor. And I know blahblahblah, I ain't that good, blahblahblah that's like just your opinion man, but I tend to try to look at things in the endgame and even at the highest PM level too many times the recoveries allow such easy free resets to the point where even the most capable players give the ledge. One of my #1 favorite things about melee IS the fight for the ledge and edgeguarding which makes things like the ROM moment so insane, and in PM it's almost gone in comparison. That said, just have that and Light Shielding, and a little more balance tweaks and I think it might be the top.