This is cute, and while I did look at the detailed resolution of this pic...I can't say it stands out much. A lot of it is a square pixel tool being used with a few character sprites. The squids are pretty awesome, and the concept is pretty cool, but it's mostly plain squares with a filter placed over the whole picture.
I can give you 3 stars for the few detailed parts like the sheep you added, but the rest is overly simple or doesn't match the rest of the picture. (EG: the docked boat doesn't work with the pic.) Seriously, you can use the pencil tool in MS paint to get the level of detail you put on the trees. :C And yes I know it's Minecraft, but the leaves have more texture and depth in the game as well. =P
OVERALL: Good specific details are put in a bland, quickly done world. Hence, 3/5.