Close to the real thing
I've seen a lot of fans' animations based on Krinkel's Madness series, but this one really looks like the real thing. The fights weren't too slow like they usually are and there was a story behind it which benefits the animation since you know what it's about. One thing that I think you could change is the usage of the black and white scenes. They're good at first, but you need to use them in moderation to keep those parts "special" and use them convey more above-average madness.
You should try making your own series to get more accreditation for your animation. I don't doubt you could do just as well.