Very Good
-The animation are amazing and the graphics show continued improvement. The sound isn't bad, and is well composed. The direction of the action and the pacing of this story is done nicely, and there's an attempt to throw a little humor into a serious movie such as this. I also like how this chapter can be taken stand-alone. While watching Part I is helpful, it isn't absolutely necessary.
-I don't expect something without any reliance on the storytelling standards, but you have shown the ability to deliver great material even while relying on the tropes. Then, with Red Riding Hood you didn't just create a "dark" story. You subverted close every trope (both traditional and modern) and along with the direction, acting, and composition, created a masterpiece.
-This isn't bad by any means. But so far, this has been the same old story of shadowy bad guys after a girl and a jewel and a "normal" guy who gets involved. and soon finds his destiny intertwined on the side of good. You've done better and you can do better with a story. I'd hate to let the wonderful package you've put this tale in go to waste.