From what I've been told, he actually talked about CERO with a sarcastic tone, which is why the localization made a meme out of it -- ie 'Mai didn't get in because Smash Bros. NEVER has ANYTHING sexual in it AT ALLLlllll...;P'
In either case, I'm way happier with the Terry update than I expected. I love his playstyle, I love his stage, and I LOVE the massive song selection they added. Every DLC character has been a knock out of the park imo, as a long time Smash Bros. fan. They all represent distinctly different parts of gaming history and each pack has added unique mechanics to the game. I don't know how much more is coming to the game but 2020 is looking bright for Ultimate, especially with it now being the best-selling fighting game of all time.
On the flipside, that also makes it that much harder to feel competent at the game, since THAT many more people are taking it seriously.