Well Composed....
Ok :D
The problems as I see it are; You seem to have A LOT of clipping problems. That explosion noise needs to have is midrange tuned down. The bass line needs its midrange turned down as well, to give it a nice deep hum. You really need to put some more effects on the instruments other than what i think is a reverb and delay. Like a multiband compressor. An effect called a soft clipper should be put on your master channel. I think the Rave instrument needs a flange or a chorus effect. I really dislike the stock FL clap :P. The lead bell instrument around 1:40 needs a filter put on it to stop the really high frequencies from blowing your ears to pieces when played at high volumes :P I think....In general, the mid range frequencies of this song need to be brought down, to stop clipping, and all the instruments, other than the bass, need to have A LOT less bass. I also think the cymbals at the end of the song need to be quieter.
Now :D
The good points; As far as I can see, the tune is friggen awesome and the movement from different "feels" or "ambiance" in this song is really well implemented. I like how it changes from a happy mood to more of a dark one. The selection of instruments is nice and fits the song nicely. The reverse clap thing you have going on sound magnificent. Overall the song is composed very well. The percussion is great and doesn't stay boring, the lead instruments vary a lot, but work very well with this song. All of the intruments flow together very well.
So in short, well composed, poorly mastered :P
If you concentrate on your mastering skills and work those up, you'll be a VERY good artist my friend. Hope to hear more from you :D
Your friend,
Anima
P.S If you could do a short review on my later stuff it would be appreciated :D