This is a very neat concept, and well done, but I personally would like to look at a more detailed view of the concept drawings you have along the bottom of the image. If you had a link to it in your scraps I would really appreciate it. I just find them very fascinating and adore seeing the growth and development of an idea and cognitive processes of other artists.
(sorry to sound weird and formal, writing papers does that to me )
I really enjoy this idea of good ol' Big Bad. I personally am a wolf fan. So this new anthropomorphic take on it is welcomed with open arms. My advice, make it more ferocious, muscular, yet still making it look as though it has a sense of humor, and blacker fur.