Finally finished the side view of the player and things seem to be going well. Its amazing the pace I'm moving at now that I have the pieces broken up. I thought I would attempt animating the transition from standing to run. Key Frame animation makes it pretty easy. This should also clear up the problem of the cape animating from a down position to out and waving. At least that's the hope.
If I'm lucky, I'll have the cycle completed and maybe start adding some of these into Construct 2. Fingers crossed.