I've thought about it. Twice. And I even opened Photoshop once (though that was for something else).
[But when I'm not indulging my inner Jr, I'd say I've finished modelling and manipping the character but still need to do the background. And that I don't foresee any difficulties getting it done on time.]
Well, I should be done by X-Mas... waitaminute, we're not talking THIS year's X-Mas, are we?! Oh jeez... I think I'm channeling Jr. too! Actually things are starting to take shape. Expecting to be done on time (this year even).