*for the sake of time, I'm just going to reveiw the whole series so far.*
You definately have great comical taste, the jokes and references always make me laugh.
The animation is surprisingly good, and done in a week at a time none the less. The drawings are actually pretty good and your sprites are done well. Not to mention your use of EPIC rpg music and sound effects (which somehow manage to escape most artists) . Then there's Sir Yallow, the lovable oaf, he's definately hilarious and even if his design isn't anything special, his character is quite special (how often do we see such a dolt take on and defeat so many cliche characters).
Now that the reveiw is out of the way. I'm interested in what you submitted for round one, and if it was a flash why didn't you upload it? (then again maybe you did ....) And when you're done uploading this tourney, would you consider, maybe doing something similar with some characters made by your fans?