I tried really hard this month to find the time to work on the sprite! between finals and the holidays, not a lot came, but I was able to start working on the walk cycle last week. So far, it looks like ill be able to update at least monthly, or at the very very least, keeping my promise of bimonthly updates wont be too hard.
Judging on the idle animation (which had 10 hand drawn frames of animation with moving hair and breasts, not counting moving the legs and arms) and looking at chun's walk cycle, Id imagine that it will be around 14 frames.
The idle animation took me about a month? So I hope to have this done by the end of next month. Hopefully earlier, so I can get to some attacks!