I really liked the original version of this so I redid everything and made it better.
http://b3azt.deviantart.com/art/Lollipop-437613767 <--- OLD
http://b3azt.deviantart.com/art/Lollipop-Retouched-437678494 <--- NEW

The colour palette seems to fit your picture perfectly, but your proportions are completely wrong. The left arm seem tiny compared to the right arm. The breasts also look a bit weird. I cant figure out what the left hand is doing. The legs look big compared to the rest of the body, and im not sure what you were trying to do with the feet. Your shading seems pretty decent and i enjoy the thick outlines though. Hope this helps :)

Quote from oranamaxi

The legs look big compared to the rest of the body

I was going for a more Megaman styled armor for the calves. So I made it huge haha. I'll work more on proportions! thanks!

EDIT: I redid everything!