well, that very well may be, but what youve ...done.. looks pretty similar.. for example.. if you look at the top layer, background, which I assume is greyscaled acrylic, looks like you just sorta.. traced it?
Anyway.. its not my skin, im just sayin.. If it were me, I'd try to be a bit more original.
As far as transparency.. all you have to do is import a transparent png or tga and make sure the transparency and translucency heckboxes are checked.
Good luck.