Not Bad, not bad at all.
The only problem is you really get the sense that it's a sprite movie. There is nothing wrong with that but... It's hard to not focus on it sometime. If you can make a sprite movie and not make people think "Hey, a sprite movie." Then you got something really special. When you switched from 32 bit shadow sprites to the Hi-Res 3D image there was blunt contrast between the two that took me out of the moment for a while.
But yeah it was good!