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As you slowly watch this scene, you will noticed the light fading the moment he pulled out his gun. James has accepted his role as 'monster'. To defeat a greater monster. One must become one.
The Tin Man lost his heart / humanity.
#RWBY7Spoilers #RWBY7 #JamesIronwood
If you really think about it. Penny is officially a 'real' girl now that she has Winter Maiden's powers. She was already a 'real' girl because she was very unique in her own right. The very first of her kind in Remnant.
#RWBY7Spoilers #RWBY7 #RWBYSpoilers #PennyPolendina