This episode opens very untypical of Bebop. It shows a myriad of TV shows that Spike is watching. Faye is on one of them, supposedly having joined a cult. But she really is after a bounty. She left without telling Spike or Jet, which isn't a surprise, but she calls them to let them know that she is in trouble and might die. Spike goes to save her and find the bounty himself.
Jet and Ed have a very touching scene when they go to the hospital. Ed continually hugging Jet and calling him "papa!" always gets to me. They are really in that father-daughter relationship, so it is not hard for Ed to act that way. This is the climax of their relationship, showing that they can play a father and a daughter well because they have adopted themselves to these roles.
Meanwhile, Big Shot ends as a warning that Bebop itself is coming to an end, also.
When Spike is talking to the television sets, there are shots of the dead bounty hunters that have come for him. One of them looks like Antonio, one of the three old guys. He is dead, too, which is more foreshadowing that the end is coming.
I love near the end when Faye wakes up and Spike is there, smoking. He did not just grab her and haul her back. He waited for her. Their relationship has mutual affection for each other, in a romantic way or not. It is still a connection made from all the time they spent together, and Spike is finally starting to show that he cares for her, too.
Ed also says the most coherent thing she's ever said, "And this time, I hope he has pleasant dreams." She wishes well for the boy, even though he was the cause of deaths of many people. She understands his loneliness and hopes that now he will be at rest.