Still not good
The character seems so one dimensional and non-movement. More could have been done to him in the repeat animation as he's walking, such as clothing/hair/body parts moving as he is stepping. Also, more could have been done to the background, such as buildings or a park or other animations. Also, when doing a shadowy figure, one usually puts them behind the main character as he is the one everything will be occuring to and covering him the way you did tends to undo the focus upon him and his actions.
All in all, good start for being a 2003 upload and I still ask "What was THAT?" but it still seems weird to me.