Perfect, except for a few things...
1) The audio needs to be louder. I had to fiddle with my speakers just to figure out what Link was saying in the first sketch.
2) Preloaders. Ever heard of 'em? You ought to add one so people with bad Internet connections can see the progress of the loading Flash and not have it glitch up on them.
Other than these, AWESOME!!! You beat me to the punch with this idea! Just out of curiosity, were you inspired by SnowDragon's Naruto fanflash creations?