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It's at the very least the best thing I have ever seen you write. All Hallow's Night and Bright New Days are extremely well constructed, and all three pieces carry with them a love of the meta and the unusual that charms and delights, but Misted Stage has something your other pieces lacked: crisp, clear, hardcore, punch you in the face directness. There is a crystalline sense of clarity, you see and feel everything come together. If the weakness of your earlier works is that certain parts of your audience look at it and go, "buh?", then you have conquered that weakness and worn its skin as a cloak. This is powerful, powerful, gripping stuff. Star-6 stuff. The audience applauds.
Themes present in Misted Stage include explorations into what a hero is and is not, contrasting the rambly reality of Braeburn with the roles he's played on stage, ultimately arriving at the conclusion that what's important is the willingness to stand up and say something. The story rejects violence and vengeance as valid solutions, insisting that tolerance and forgiveness will ultimately triumph. And of course, wall-eyed love conquers all. Derpy kissing Fluttershy is your moment of brilliance. Everything is on display in that single awkward image.
edit: I'm reviewing stories again. I feel... powerful.