Once again you can show so much expression in your characters without loosing the audience completely in your amazingly curved forms. Though, one part that distracts me is the consistency of what elements you include and their importance.
I think you spend a lot of focus on the areas that you enjoy (which all of us are sure to do), and it shows mostly as your piece sort of winds inward. What I mean is that the tail looks like it didn't involve as much thought as the face, or as much as the gesture did. You might want to consider making every detail look like it's filtered through your mind, instead of being default (which a couple of lines have a hard time with).
The owl here is a cute creation, and I look forward to seeing what you can do with it being colored if you so choose.