As a former Abigail player in recovery, playing Cody reminds me of what honest play looks like... which is going to be his primary failure, as if he doesn't have a pipe in his hand then he doesn't have any shady bullshit, which is something that half of the cast has access to. Cody's robbery factor is limited to the pipe, which makes life hard when you are facing an army of Akumas, Cammys, and Guiles, which can rob you blind without ever getting hold of a single bar (with things only getting worse when they do).
Akuma, Cammy and Guile are three characters. I'd include Ibuki and maybe Menat. "Half the cast" doesn't have dishonest tools. More like the tippy top tier. And in an online environment, even that isn't as meaningful. Like, online Akumas from Diamond on down are often one-trick pony's.
Cody seems fine. I find him dull with or without pipe, but I've never actually liked Cody in Alpha or 4.