I've had a painting breakthrough! Thanks to my friend Sara Butcher, who suggested keeping the best of both worlds with watercolors and acrylics/oils. (Thank you, Sara!)
So this has a watercolor underpainting, then three layers of acrylic sealant (which incidentally added an interesting texture), then oil paint glazes over the top. I couldn't scan this as the oil paint is not dry yet of course... so bear with my photo glare.
Yay! I had such fun with it. I LOVE oil painting, it's just that it is frustrating with the drying time and all. But since this only has thin glazes over the top of an underpainting, I expect it will take significantly less time.
She started out as Red Riding Hood, but now the atmospheric effects make her a bit more mysterious than that -- so it's anyone's guess who she is. ;) I look forward to using this experiment more!