It's an interesting theory, anyway. FE lends itself to a lot, such as this one.

At this point I've got to wonder. Or they wanted to give us a bunch of red herrings...or start fanwank on purpose.

Nope, my last FE7 game paired Eliwood with Ninian. XD

(Seriously. D: If Elibe played out like Jugdral did, the shipping wars would be even WORSE. Actually, I sorta came up with an idea of my own like that only it involves some OCs. >.>)