Entry for the "alternate ending" contest at . Also an experiment with panel format.

In case you can't tell what the hell is happening in this pic (as may very well be the case - I'm not sure I handled this so well), some explanation:
In this Final Lair Scene, the Phantom has killed Raoul because, well, he's Raoul. He killed Mme. Giry because she was trying to stop him. He then killed Christine in a jealous rage. (He smothered her with a pillow! Literary reference! Get it?? Othello) So he's sitting there in despair while Meg, having found her way down there, witnessed the three murders and been driven totally batshit crazy, takes the letter opener from her mother's body (he stabbed her with a letter opener. It seemed appropriate) and kills our dear Erik. Then we have that iconic last Meg-holding-mask moment.
Or I could just tell you to imagine the last scene of Sweeney Todd and you'd get the idea... I guess this is sort of a crossover.

Line art drawn and inked traditionally, colored in Photoshop with tablet. A couple textures from some site I can't remember now. And I don't think you can even walk like that in pointe shoes, mleh