Finally, a Game Jam submission worthy of my time.
I usually ignore Game Jam submissions for a multitude for reasons, but this one I just had to check out. Plus, it's nice to see Hyptosis improve on his animation unlike some people. With that out of the way...
Graphics: Hyptosis' art is great as always with nice colors, clever usage of texture, thoughtful composition, and solid construction. And the animation, while not up to par with Jake Hollander or SunnyGOES, is decent enough to get the point across. In other words, I think people should learn from him and the rest of ConceptArt.org's top tier artists.
Music: Trois, the music you made for this was both well-composed and fit perfectly. Plus, I also like the sparse usage of sound effects considering that free sounds aren't easy to come by.
Content: While it not be the ideal Flash game, but the overall product is still great none-the-less. The engine is solid, the button setup is well-done, and the combat is decent. Yet the controls could be a bit tighter, and the enemy placement could have been better planned. Here's hoping that Squidly puts his game engine to great use in future works.
The Good:
-Original
-Great graphics
-Excellent music
-Decent plot
-Mostly well-coded
The Not-so-good:
-Could have used tighter controls
-The cave segment can be confusing to figure out.
-The enemy placement could have been planned out better.
Overall: Here's a ten from me. (5/5)