I have a mixed review. I like the energy, the music, and many of your graphics samples. Then on the other hand some of the graphic samples look like very simple livetype effects. Some of the shots were very cool, some were boring. I think you should go through your reel and weed out the best shots and graphics. Then I think you'll have a winner!
I would agree with the previous post. The energy of this reel is excellent. I think though primarily when you show footage or the same treatment multiple times you invite the viewer to check-out from the reel and lose interest. You might either put some more spec stuff in there to fill in the gaps or remove the similar shots.