Beckoning Chasm wrote to me the other day asking if I had a frame grab which included the standard "sigh" cloud-puff. I said I'd keep my eye open and post one if I saw it.

As to the show story, it's a spoiler:

Padudu gets lost in a forest and falls in a river. Since her cloak is a magical fish, she isn't in danger of drowning, but the river takes her into a town. It's not a very nice place. The mayor, a weird fat woman named "Coffee", feels some sort of gratitude or obligation to Purilun, the queen of the realm, and because of that thinks she need to kill all magical girls, such as Padudu. So Padudu ends up in jail, and is eventually condemned to death by combat in an arena.

Nonononn is in the same cell, chained up. Flashbacks suggest that at one time she and Purilun were friends, but Purilun crossed her. Since then, there's been a price on her head. Coffee decides to off them both at the same time, in front of her cheering citizens.

To carry out the execution is Coffee's pet panther, and I'm not speaking figuratively. Nononn is chained up and Padudu tries to fight the cat, but doesn't succeed. She eventually frees Nonononn, who knocks out the cat with one blow. For reasons not worth explaining, Padudu had been trying to use Nonononn's staff, and once she took possession of it, she used it to kill the cat.

The promise had been that if they won they'd go free, but of course Coffee has no intention of honoring that pledge. She pops out a magical microphone and uses it to battle Nonononn. Nonononn's staff has guns built into it, and eventually she kills Coffee by putting a bullet into the middle of Coffee's forehead. But this leaves Nonononn falling a distance that will surely kill her. At the last moment Padudu swoops in and grabs her, and they fly to safety. Seems that Padudu's cloak-fish gives her the ability to glide, even carrying a weight like Nonononn.

There's a lot of blood. Really rather disturbing for something that on its surface looks like a kid's show. And there isn't anything funny about what happens. Padudu is cute and idealistic and naive and a bit foolish, and Nonononn is older, wiser, more cynical, and thoroughly burned out. At the end Nonononn tells Padudu to go home and give up her dream, but instead we see them walking together, presumably to embark on further adventures.

It's described as an "alternate retelling", so it's not part of the continuity of the anime.

All right, I'm famous for having no taste--on the INTERNET!  Awesome!

I may give Magical Play another chance, although to be honest I think I'd prefer to drink a gallon of gasoline (regular gas--I'm not that dim).

I will readily grant that the designs were pretty cool, and some of the ideas were interesting, and some of the jokes even made me laugh (moreso because they were so stupid than because they were really funny). 

Overall though, I'm glad you liked it; I wish I had.