all right, and here is episode who-knows-the-number of
BLUE PHOENIX'S BASHING
hmm, doesn't seem that you changed terribly many things, so let's state the obvious things: You pretty much darkened Bandit's pants, and brightened up his hat-thingy. The face-pic is a little blurry and, to be brutally honest (like usual), I'm not a big fan of the way you made it. Of course, I can only speak of myself, but the face really doesn't look that appealing to me...
I took into consideration that this is your first re-coloration, and since we all started like that, I won't call your work any bad names, unlike some others here might do. However, there is a bunch of space for improvement left. Let's start with the thing that I always look at in the first place: the fire-frames (lol?). NEVER, NEVER, NEVER EVER select them when you change hue, brightness, or saturation!!! They'll start looking unrealistic. In your thingy, you can barely see a difference, but imagine you step up to the next step, changing the colors drastically. For example, making Bandit's cap blue. Your flames will turn blue, too. Kinda bad, I think. And there we are at the next thing you should practice: the color management. See, this isn't very appealing to me to see a slightly edited Bandit-sprite, I'd appreciate some changes like a green cap or purple shirt. Your skin looks a little, sorry to say so, boring...
Don't get me wrong, although I call this thingy "bashing", I do not want to make your work bad. I want to make it better by revealing the things that I'm unsatisfied with. Most of the time, it'll help you (why most of the time? Because sometimes I myself talk crap :P).
With that being said, try better next time, you have some great skills that just need to be trained