It's Nancy huggling a gorge. The gorge was inspired by Kylie Girl's version of Chibi Gorge and a bit from the original model from the game. I wanted to do Nancy as a chibi too, but I had put too much detail into her armor so it would be off balance. Plus I had trouble trying to figure out where to put her mouth on that copy.
I may ask Dan (http://delta-snipe.deviantart.com/) to color this for me, but after my work on the T2K forums I'm not soo sure he will.