Cory,
I think that your demo reel is looking good. Excellent characters! I especially like the multi-legged creature. The logistics of animating so many limbs, and making it visually believable, I find daunting. I congratulate you on your skill and talent.
As far as the cape issue, I have viewed that segment frame by frame, and believe that it "could be" nothing more than color choices. Both the cape and the loin cloth being the same color, may be creating visual confusion. Maybe, by changing the color of the loin cloth, or the cape, the individual elements would read better. The dynamic movement of the cape was really well done! I wish you the best.
Aloha