EDIT - Removed the blackout from the uploaded copy
I'm keen on doing more madoka fanarts in this style so might as well start with a good base.
Clean version without her eyes blacked out here - [link]
Been watching this in my downtime.. I have to say I'm utterly drawn into it @_@ I'm glad that director Shinbou was at the helm, with all the crazy paper-cut outs from the Goku Zetsubou Sensei OPs being incorporated into the main animation.
I'm only up to Ep7. Pretty epic so far