Very very nice.
I think what really made the whole flash for me was the artsy, construction-papery look of things. The water moving back in forth was just like something you might see in a puppet show, as was the boat and many other things.
The character was also really fun to look at... mainly because he/she almost never just stood still: he/she was always doing something or expressing him/herself in much the same way people in real life do.
For a such a simple animation, I never expected this much depth. Good work my friend.