You Have To Be Kidding....
This wasn't funny at all. In fact, I found it pretty insulting and pointless. The thing with Chill Penguin was utterly pointless, X's appearence AND death were pointless, and you made Zero a total asshole. Now, changing their personalities sometimes for a parody is fine, but this was just plain stupid, not to mention shallow.
The background could have been a LOT better. I would have found it simpler to use a Megaman X background instead of something hand drawn that doesn't really look that good. It makes the whole thing look like cut and paste.
Another thing I didn't like about the graphics was the mixed use of sprite styles. Chill Penguin is too flat, a basic 16 bit character. Not really sure how many bits Zero was (I'll just assume 32), but regardless of that fact, the styles clash with one another and make the whole thing seem UTTERLY fake.