I'm voting no for the above mentioned reasons. You can't really time something like a fighting game since a TAS of them would boil down to doing one or two combos the whole time. So then it must aim for entertainment.
That being said, I wasn't entertained by this much at all. Maybe if I hadn't seen the already published run (and even TASes performed of this game that weren't even submitted to this site that are equally impressive) then that might be different. In comparison to those, this is very underwhelming.
Check out
http://tasvideos.org/1333M.html and then compare it with your own. That run is so diverse and makes use of impossible combos in real-time. It shows completely gamebreaking glitches at some points.
Reptile 1 was the only highlight imo, and it quickly lost it's charm.
Seems like you just jumped into making a TAS because of the lack of human limitations. Then you let that allure make itself into a run and here's the product. Voting no, but you can always improve it and come back.