OK here is a very quick sketch, with an even quicker color add.
I decided to do something completely different. I wanted Loo-Kee to have a function, so he is kind of a scout. He has the power of concealment, so he has somewhat darker, more earth-toned colors for camouflage. He also has the power to spy, so I gave him some goggles to add to his special vision-spy powers. Oh, and his puffy, "wishing troll" hairdo is pulled into a ponytail for practical purposes.
http://farm3.static.flickr.com/2278/...e5a4b5.jpg?v=0
I hope that gives some idea as to what I was going for. if one of the more artistically inclined would like to take a shot at refining the look, have fun.