So, I've bought the Humble Game Dev Bundle and wanted to fool around with animation. I've made sprites in the past for various mods, such as the Co8 modpack but I've never actually animated anything, so this is a big deal for me. It's very small and has only four frames but I'm pretty happy with the outcome. It only took me 2 hours to make. /sarcasm It's a recreation of the sprite of Rock'n'Roll from the NES GI JOE game by TAXAN with added colours and an idle animation. I'm trying to figure out walk cycles now and oh boy is that hard.
EDIT: Walk Cycles Done. I've also made him stand and walk with his weapon out. You can compare the new animations to the classic NES sprites too. Once you have "movable parts" it gets a bit easier and quicker.