IMO a poly count of 7k is too much for a model like this.
It has quite simply and straight edges.
A model with a detailed face and cloth and single fingers and hair could have a budget of 7k.
Just my two cents.

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Old Game Tutorial: http://www.puppenheim.org/MITutorial.zip
Free Game Editor: http://puppenheim.org/AlienalsWeihnachtsmann.zip
http://www.puppenheim.org/blender_starting_main_settings.txt