Kick Ass!!!!!
That is a brilliant fight scene you put together there (especially since you don't usually see a big fight in the 1st episode on newgrounds).
I like the fact that you chose voice actors who actually suit the character (a rarety on it's own) and i don't care what everyone else says, DBZ style fightin is good, as long as you can animate it (i.e. Super Mario Bros Z).
Just one note: i know that you edited a KH:COM sprite for sephiroth, but he would look better with a sword in his left hand (with him being a lefty and everythin)
Regardless, keep it up!