You can use any version of PSP to make this.
Give it a try if you want

To make the head I used my shapes tool set to Ellipse, outline color black, width 10, no fill color, and drew out the head.
I then used the Pen tool to get my nodes for editing (in the pen tool options, choose edit), and then mold the head into a head shape.
I used my Magic Wand tool to select inside the head area, went to Selections, Modify, and Expand out my selection 2 to 3.
Made a New Layer, and made sure that layer was placed UNDER the character parts. I then Flood Filled it with any color. I then went to my 3D Effects to use the Cutout effect. I set skin colors.
I closed all my layers except the flood filled skin color layer, and selected it with my Magic Wand Tool.
I wanted to add some highlights to the skin. I added a New Layer, and I used my Paintbrush at a wider width, set to an off white color, and just put some curved lines in the center of the face and along one edge of the face. Since my selection is active I blurred the highlights by going to Adjust, Blur, Gaussian Blur, and set the blur to a higher number, and did not have to worry about the blur going outside of the face area.
I then used the Pen Tool with the line width at 10, color black, and simply made the rest of the character. Simple triangle for body, and stick arms, legs, and blobs for hands. I also used the pen tool to make the feet.
I did the same thing for the rest of the character. Each fill went on its own layer.
I then just put off white Filled Ellipse Shapes (small) on the shoe tops, and blurred them out a bit.
I also used the pen tool to make lips, glasses and hair.
I added a small drop shadow. I duplicated my work (window, duplicate) and then Merged all visible layers that I wanted to be part of my image. While standing on the layer called merged, I went to Edit, Copy, then Edit, Paste as New Image. I then saved it as a tube (File, Export, Picture Tube)
I also saved my original work as a pspimage so I can go back and edit it in the future.



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Thanks
GO FOR IT!