I like the leg movement but I think the head could bobble more.
What cure says ^_^
The shading could improve, esp the upper hind leg.
Also, no way this is a UNIcorn. No. Way.
Great job, it's very smooth and looks anatomically accurate.
Very fluent animation, but lottsa banding in the sprite.
This is like, a thousand times smoother than the walking animation
Smooth