Nice idea, with a very great presentation! The comic style art was nice to look at!
Although, it doesn't seem to fit the Time theme very well, since I didn't find myself using the slowdown, or even really needing it.
Most of the blocks didn't serve much purpose, when the X block solved most of my issues, occasionally using the Y block to get good height for less ink.
Having the ink recharge faster also made it much easier, since I had never used the eraser, so It came at seemingly no cost.
Would be cool if some levels were designed to be a challenge of getting to a place with a limited amount of ink, causing creative uses of all the objects available. Reminds me of Ultimate Chicken Horse.
Overall, a nice game with great presentation.