I've been sitting on this for a while, half completed while I was busy with a paying job. Then I noticed today was the deadline. Eh-heh... Fixed it up and calling it done for now. So enjoy!
This has a lot of firsts for me. The water in particular was a learning experience. I think I'll try some landscape paintings from life to really get the look of water and clouds down. On the other hand, I'm really happy with the thing's gummy, see-through head!
EDIT: And now I've made it better.
Water Colossus for the Rifts contest.