This is more of a gadget than a movie really. I'm guessing you wanted to be entered for the larger prize pool, eh?
That said, "nothing too new or interesting" is really rather accurate I think, so I'll vote 2. The voice acting is nice and the art isn't too bad (though I think you should dial back the lines a little, Pico looks wrinkly at times). The animation is smooth enough but it's kind of overdone, as in the gestures are.... Well... There's a lot of unnecessary movement. It's like watching someone pick a coin up off the ground, but first they whip their hand high above their head and then whiplash their face down in front of it and wiggle their hips as they crouch and hop clockwise around the coin and wiggle their mouth like they're chewing and.... See what I mean? It should be one simple motion, but there's so much unnecessary extra tacked on. That's how all of these gestures you animated look to me.