This seems both good and bad. Master Chief does live beyond this, so the probability of failure is low, and thus emotional investment is lowered..
The all CGI short was animated by Casio Entertainment, with Shinji Aramaki acting as Creative Director. Shinji Aramaki has been involved with countless design assignments from s-CRY-ed, to Bubblegum Crisis
By now you know the deal. The episode is available freely at Halo Waypoint, but only today. Check it out, or wait for the DVD/Blu-ray to come out this February.