The quote that preceded this image was: "I can't have captain falcon, so I made my own." We all know Falcon isn't human – judging by Lucina's reaction to him in their Smash reveal trailer – so this fusion strikes me as way more legit than just a recolor. For those who are interested, Grizzly is willing to customize your own Mega Man amiibo.
"And with Captain Falcandroid slain, Mega Man has acquired the Falcon Punch! Now proceed on your maverick hunting journeys!"