I like the overall style and the shape of the landmass, and while the colors seem a little murky to me, they work well in creating a moody tone, almost a Dark Ages feel to the map.
The Spider's River seems a little close to the southern coastline, with no obvious highlands to direct its flow almost due north to join with the Modaer as it does. Without any apparent higher terrain, I'd expect the Spider's River to continue flowing east, or east-southeast, and drain into Sweet Sailing Bay.
As for the font, it's a little ornate to read clearly (the Rivers look like Ribers, Warrland looks like Marrland) and I'm not at all sure about using the eraser brush (or something similar?) to lighten the various hill-ranges to allow for text overlays. The effect doesn't really work for me--partly because it keeps fooling my eye into thinking each range of hills has a flat trench across the centerline. It's unfortunate, because the hills themselves are very nicely done.
I'm also a little confused about the dotted lines in chained loops along the southern and southwestern coasts, which I assume are supposed to be shipping lanes. But they look much more like footpaths made by people walking through grass, rather than the broader courses shaped by sailing vessels, and unless there's some other aspect to the world we're not aware of (lines of magnetic or aetheric force, etc.) I can't see too many ships following these routes.
The compass rose fits perfectly with the style and mood of the map, but the scale bar and the map legend are in a very different style, and the contrast between muted sepia and crisply digital is a little jarring. I'm also not sure what "Warrlandic filth" might be, and while I assume it's something pejorative on the part of the fictional mapmaker, without knowing the history of the world it's a confusing sort of cryptic--all the more so since there's no way to know why some features are "filth" while others are simply forts or towns.
And the notation about "West. Dividing Seas" is also a little confusing. If "West." is short for "Western," the use of the period seems, well, not very period--it's a modern convention which feels out of place on a map which works so hard, and so effectively, to have a Dark Ages mood. And given your comments about the cardinal directions, I'm wondering for whom these seas are Western and dividing--the people of Warrland, or whoever it was who drew up the map?
So, overall I like the color and tone, but there are some details to work out as far as geography and presentation, and you should also consider helping a modern-day viewer bridge the gap into the mind of whoever produced this map in your fictional world.