Very nice going
Great work man, hope you keep it up. Some suggestions are that:
1. Seems to be a pattern to the battles, One guys starts winning then gets owned... maybe you could change it up a little.
2. Toad loses, a historic event in this serious and a "pleasant" suprise in that he dosen't totally kick ass. Maybe some 2v1 or 3v1 on Nemetoad?? or Mario and luigi together fight toad??
3. Music is amazing, you worked in this movie and hopefully the good tunes keep a coming.
4. Your skills as a flash artist are visibly improving and can only wait until the next one.
5. Focus, alittle less on the "magic, aka fireballs and stuff" and more on the martial arts. The use of the styles Karate, Taekwondo, are flashy, keep it up.