Looks very nice. The shading on the skin and the pants/hood is great. Makes me want to check out those paint sets. What did you think of them? Were they easy to work with?
Out of curiosity, will you be adding blood splatter to the axe? I saw a neat demo where the guy took a blob of paint on his brush, held it near the weapon, and then blew on the brush like blowing out a candle in order to create a nice random splatter effect. Just make sure you cover up the rest of the figure to protect it from any wayward paint.