As you already know, there are countless flash animations that strive to emulate or pay hommage to the madness series. However, this flash clearly stands above the rest. If I didn't know any better I'd almost say that this flash was created by krinkles himself. From the art style and the fluidity of animation to the sound design itself this flash is excellent in it's own regard.
Furthermore, the use of flashbacks to give exposition were great and helped to provide a story for the madness. You've clearly spend a lot of time and effort on this, sp the praise is well deserved. Good luck on your future endeavors.