Nicee
Nice game, and propably one of the most complete games on the newgrounds yet.
Firstly, the graphics. They weren't bad, i see much of your effort in the backgrounds, and dynamicly resizing arenas to make them look nice. And they looked nice. As for traders, i liked the previous part, beacuse in this one you don't found more about them more than their portraits. Also, idea of putting so many shops of specified goods doesn't seemt too great. I know it's more realistic and all, but the hell it's uncomfortable. It would be better idea to make vendors, who trade all types of goods, but adressed to specified range of levels.
I found the characters unrealistic, the body disproportion to the head is waaay too much. I know it's supposed to be funny and all, but it didn't worked on me. By the way, your body is made of parts and sometimes you see holes between movieclips. The whole movement and rotation of the limbs and swords could be polished more, since you made a commercial game.
Sound is nice, i found it quite enjoyable and accurate. However you could add an option to adjust volume level. I liked the shop musics, and all.
Lastly, the gameplay. It's very interesting, i found myself sucked into it for straight 3 hours. Fights are funny and variety of wepons and skills make this game even better. Totally crazy idea was to put the guitars to fight! :D
I liked the posibilities of customizing your character.
The fight itself is good, i liked fatalities, the attacs and whole skills, which BTW reminded me of the WoW skills. I could put up many examples of how good and entertaining this game is.
8/10 4/5
PS. I don't know if it's a bug or not, but sometimes, when fighting i get 100% chance to hit in the whole fight. I suggest you to investigate it :P