This is currently being worked on by Tophius go to his server when its up if you want to see it (if its on that is). coloring works like:
Torso= main body, bottom jaws, legs, ears
Arms= wings
hands= arms, hands
head= upper jaw
Things it currently lacks is
Death animation
Walking animation
In bot form it can fly and doing this as a player is by jumping. The dragon will be for public release blockoblocko so "sux2sux!!!"