This game was apparently intended to satisfy fans of the 'second bananas' by featuring a cast of both well-known and obscure Nintendo characters, with the obscure characters including the Wave Race 64 announcer, 'random audience members from Super Punch-Out!!', 'the frogs in the meadow' from Diddy Kong Racing, and the Headless Snowman himself.
In Volume 107 of Nintendo Power, in the April Fool's-themed 'April News Briefs' segment, a 'Luigi 64' article is present, where Nintendo states that Luigi fans had been campaigning to have the character in his very own game, and the company's response was to create a hoax upcoming game known as 'Headless Snowman 64'. Although the Headless Snowman is a minor character in his few appearances, he received some publicity in the form of a Nintendo Power joke published around the time of the main circulation of the 'L is Real 2401' Super Mario 64 rumors.