The flip answer is that of course it does, since 
all pink-haired anime girls are evil. ;o)

But to be honest, I think it's a little creepy-- 
but creepy is what that scene is going for, 
right? It would be odd to have a transformation 
sequence into an older, more evil version of 
yourself without feeling a little twinge of 
something. And creepy is just fine; it matches 
the mood.

Artistically, I think it might be good if you had 
a little more definition in her hands and feet. 
With the hands, perhaps have the fingers splayed 
enough so that the hands don't look SD. And with 
the feet, make it clear as to whether she's 
wearing boots, shoes, heels, or is barefoot. 

The color scheme you picked was very interesting. 
With the low contrast between dark purple and 
black, the scan makes it a bit difficult to see 
the details that are there, but I think all cels--
 and fancels in particular-- look better in 
person. I do like the red eyes; they're a very 
nice contrast to the rest of the darkness.