I really have to say, at the beginn of SC4 i thought Cervantes unsafeness is going to kill him.
But he actually can be played pretty safe, you wont see me spamming unsafe stuff too often.
Moves that are (pretty) safe:
3A+B- Full anti Step, negative on Hit
3B- -14, which is cool for a launcher,AA or 2A unless you playing Soph/Setsuka, not a big Deal
FC A+BBB- Pure awesomeness, i had to convince people 3-4 for months on how great this Move is. Tracks quite well. +13 on Block, Free aB on a Wall, FULL Tech Traps afterwards, First Animation Frames look like a Throw since he is going into Neutral again. Instant Duck into FC A+BBB, A+G, iCommand Throw, 2K, 1K is all you need. If they start attacking, instant WS A or iWS K will help out. If you dont have superb Reactions and can duck every Thowattempt this is going to give most people a very hard time. If they once eat 80 Damage of an FC A+BBB, they get vulnerable for Throws. Ducked Throw= 80 Damage if youre fast.
44A- Great to bait, Long Range. 44A whiff into iGDR works pretty well. Of course since they know all the bait setups.
66A- From far Range pretty safe, from close Sophie and Setsuka get their punishers. Antistep, KND.
2A+B, -14, great ch fisher, free iGDR Relaunch or WS A Mixups. Negative on NH, though. Can be spammed unless your playing Sophie/Setsuka or Crouch Throw Chars.
Throws:
-Instant Command Throw is pushing him up. Right now there is nobody who uses this till perfection. Ive never seen any Vid in which its done INSTANT. i Think Hates wants them to actually see the Duck, but i try to Mix it up. I'll hope to post some Vids soon, i can do this almost perfect from Running and other situations. Unfortuanely im still practicing it from P2.
-Instant Duck into A+G will teach them not to break just B. RO, Damage is ok. B+G Throw is ok, too. Nothing Special, though.
Lows:
-1K is cool for me. But i dont use it as much as others. But a pretty Low.
-11AA I know people think its trash, but it catches Step and gives you 70 Damage. If used wisely from Max Range, it gets way safer. Mix it up, stop after 11A for a Throw etc etc. From max Range Asta doesnt get a free 6K.
I dont need Lows too much to make people duck, instant Command Throw with Mixups works pretty well for me. Add the punishing Game, some Pokes and iTP and you have high class opportunities.
He has some major disadvanteges like some negative stuff on Hits, but i can handle this.
So yeah Cervantes can be played pretty safe. I didnt even list all the stuff he can do, he has some very hard Matchups, so i think he can be Top 5 with perfect Execution, but not Top 3.