Is the timeline where Makoto hopped into in her story the same as the Wheel of Fortune or not? Cuz I don't remember Tsubaki going to Zero Squadron in WOF, whereas she did in Slight Hope.
No the two aren’t the same.
As it stands, it looks like 4 timelines are shown and explored in BlazBlue.
The main one that we know now.
The Wheel of Fortune timeline (which is likely the first).
The Calamity Trigger Part - 1 timeline (which is phase 298).
The one shown in Slight Hope.
“There are far more than 302 time lines. In one of Ragna’s bad ends in CT, Phase 724 was mentioned. So if(which I don’t believe) True end takes place after that phase, then the last phase would be 725.”