I hunted far and wide for this thing, and played it again. It has been 10 years, I remember when I was younger and played it. NOW MAYBE IT'S JUST NOSTALGIA, but it still feels amazing to me. Thank you for making this, it really influenced me.

Did it fall into the water?

Because it's fur is really messed up. Look up pictures of animals and stuff before you just go and do fur next time, okay? And the background is really lacking in things, blades of grass for instance? And the is that the sun or the moon? Can't really tell.

Eh...

The anatomy is really off. It's EVERYWHERE, and it's just not minor little flaws, it's very apparent. Firstly her calves are a bit to long, oh her thighs are too short. The left arm (her right actually) is long than the right arm (her left). The hand is...all sorts of wrong really. Mainly thanks to the index finger. Collar is too high as well.
Lastly, the colors aren't really that welcoming. Mainly in the background. The tree doesn't even have that much effort put into it, and I know people can get pretty lazy on background, but if you are at least blur it. This will take the focus off of it. The presents perspectives are WAAAY of. They're not even perfect cubes.
I could go on, but I'm sure you go the idea by now.
Hope you had a happy holidays.

Oh dear...anatomy errors are rampent

I will say that is a lovely hat, and the shading isn't too bad, but the anatomy is rather...horrible. Needs lots of work. (this will pretty much be the same as what Enact said, so feel free to skip some bits of this) First off, a woman's breast would never be that high, even if they are pressed together. Secondly the shoulders are a bit to...broad would be the word I guess. For most women, they have a shapely figure and soft/rounded shoulders. If they're too broad, it kind of makes the waists and hips look too small. Speaking of which, her hips do look a little too small there.
Lastly I would choose a color scheme for the background. Instead of green, purple, cyan, and whatever else. You should use red and green, possibly with flicks of yellow or orange to make it look warm and slightly inviting. Blue in my opinion just doesn't fit it.
Other then that, the picture is okay, needs work, but then again that's true about all art work isn't it? Keep trying, and I hope you had a happy holiday.