*Huge Spoilers will be discussed here, if you haven't watched Madoka Magica yet, go back and watch the damn series*
"After feeling a bit underwhelmed with the last episode, we come to one of the huge highlights of the series. Episode 1-7 was excellent build-up, Episode 8 was perfect but this episode somehow exceeded even that." (Source)
It sure did and it still does, I would also consider this to be one of the best anime episodes ever made by just the amount of perfect drama and the best transformation to a character ever. In just one episode.
Homura starts off as a shy young teenager who has suffered from heart problems and is introduced to Madoka in the same classroom, it is then that we find out we are in Homura's first timeline where Madoka and Mami are magical girls but because of Walpurgis Night, Mami dies and Madoka defeats it but dies shortly after, it is then that Homura had a wish for Kyubey, that is to protect Madoka, this makes her go back in time to another timeline where similar events happen.
This is where Homura gets used to her abilities (Making bombs, stopping time to steal guns from the Mafia) and yet in every timeline she went through, which is four in total. She keeps failing to save Madoka while learning about Kyubey's true intentions and the more that is revealed to her and the constant death Madoka and friends makes her turn into a bad ass and we never could of wished for a better character.
What can I say though, its epic character development at it's finest and gets me ready for these last episodes, I am ready!!!