Nicely done! But ...
Very good job! However, your huge minus IMO - was the lack of music. For your subject - FF characters from the first game - music shouldn't be Too hard to get ( say, some elite sound rip from the FF rom for example ).
Anyone who remembers the game knows the effects are minimal, so - just a couple sounds would have done your movie great good.
The graphics, of course, were perfectly done. What would have been cool, is if you did the blood in an 8bit sort of canned-style. See the monkey island spoof and look @ the barf - he did a GREAT job on it. The blood would have looked much better if drawn like that - get my drift? Keep the style flowing.
The story - good, lengthy, and creative. Liked it.
Anyways, if you kept the style solid, added some sound - what's wrong with your movie? In my opinion, nothing at all.
Great work - earned your 4 :)