imgur.com is a very nice and easy way of posting pics. You don't have to sign in or anything, and it lets you copy the forum code needed to insert the image in a forum post
I like that the legs are visibile now, because we can see the exposed shin bones above the boots, which is a very nice touch. Unfortunately, the arms look like normal human arms with skin on them, so it doesn't immediately read as a skeleton, just a guy with a skull mask. I would like to see the arms read more clearly as showing exposed bones.
He's holding the sword in a somewhat weird manner, I think. I guess it's to avoid the sword covering any other parts of his body. But now it looks like he's holding it like a soldier on guard duty. Have you considered having him hold the sword up behind him, or even dragging it behind him as he walks? Or he could hold the sword horizontally, at the height of his hips?
The skull has a dark vertical line between his eyes. What's the reason for this? It's like there's a cavity where his nose bone should start, and the line between the brows is greatly exaggerated. This also has the effect of making it more difficult to see where the eyes begin and end.
Just throwing out ideas here.
EDIT: Looking at it now, I guess the ball&chain arm should be darker than the other arm, to match the legs.