These crossover movies are good, but.....
1. Like a bunch of people said before, the outcome of these fights are way bias. I know you want to make the MK characters bad guys, but maybe include alternate endings.
2. I think the "Round 1, Fight" thing in the beginning is kinda useless, if someone is going to get fatalitied at the end of the first round.
Overall, the sprite work is excellent. But if you're planning to do another one, I hope you follow those two suggestions.