Good chapter. Would have liked a bit more Nodoka, but I suppose we were shown all we *really* need to know about her for the moment at the end of 205 (that is, she's safe and got a cool new ring).
Would have been nice to have seen how Setsuna and Asuna defeated their dragon, but I get the feeling the author is waiting to show us Asuna's development until later.
so konoka and kaede were working together as dragon hunters/protectors; while asuna and setsuna were working as bounty hunters; meanwhile negi goes unconscious, fighting an internal battle