Beautiful artwork, especially in the waking world. The ambient music in the dream world was a great mood setter. I like the gameplay of walking through the halls, very yume nikki-esque, but I wish there were some way of rewarding the player for exploring. Even something as simple as collectible notes with more story info in them would do wonders. Moreso than most, your game is really worth developing more in the future IMO. Add some more levels, flesh out the story, give it like an hour of content and you've got a solid indie freeware horror game based on the strong art direction alone.