An amazing experience, really!
The music is great and fits well with the game (and reminds me of Croc 2 , for some reasons).
The level design is pretty good, but I found it a little repetitive near the end (never boring, just a little predictable).
The story is silly and enjoyable.
What really made me enjoy this game is the gameplay: it's incredibly fluid!
Moving, flipping and fighting with the pencil are lots of fun!
The incredibly smooth animations make the gameplay even more appealing, that stick figure shure looks damn fancy!
Over all: one big, fun platformer, with one of the best gameplays I've ever seen in a flash game!
Just one more thing: the first time I encountered the big pile of enemies in the pirate's cave (which was meant to force me find the pencil) I managed to pass over it by using the spring and the wall jumping (with the help of the boost gave me by the spring), then I found myself in the pirate's ship, unable to fight the enemies and pretty confused too.
Don't know if this is meant to be like this, just pointing out!