After an hour and a half of pixeling... I present to you...
The terrifying "see monster!" mwahaha XD *cough*
NEW:
Attempted to add some depth to the image via shadows.
Colors: 4 (Gameboy palette)
OLD:
Added some AA and stuff...
Colors: 4 (Gameboy palette)
Original image.
Colors: 4 (custom grays)
Any C+C would be nice =D