Eventually this will be animated, and used in-game. It's made fo two seperates sprites (horse and rider). Actually, if you break it down, it's three sprites, as the armor is being used an an overlay on top of base sprites (there are different character classes and outfits). The reason it's not AAed is due to the fact it's being used on varied terrain, from very light ice fields to dark caverns.
I think it's really nice, but if I made that and had no idea of using it on any background, I would have worked on some AA on the outline, else then that it's really good in all ways.
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