I came across this recently and thought it was kind of appropos in light of our remixing things like fairy tales, literary references, etc. next week. Apparently this video came out of an art-school assignment to reinterpret Little Red Riding Hood, in fact. See what you think:
To compound matters, I just came across this interesting essay on artists working with Little Red Riding Hood imagery and ideas to get at other things: Red Riding Hood in Contemporary Art.