I love the movie when it first came out, absolutely adorable imho. Now it's been a while since I saw the movie but it actually captured the feel of the movie pretty well with a few thorns sticking out here and there.
First of all are the somewhat obvious things being the video quality,bars and what seems like a slightly off aspect ratio. You've also done something strange with the audio which makes it sound a little "girbbled" if that's even a word. Basically there is a lot of digital noise and deformation in the audio. That might just be your source but mpeg 1 stream 2 would dictate otherwise.
Now these are things you can fix when going through Read ErMaC & AbsoluteDestiny's Friendly AMV Guides Lovingly Overhauled Largely by Zarxrax
Technical aside, I enjoyed the video minus a few odd choices of filtering and cookie cutters. When going for a video like this cranking the saturation up in certain scenes just looks terrible. And things like the cookie cutters just completely break the flow of the video.
There are some very rough cuts here and there but overall like I said before I enjoyed the video a lot. I hope you'll take some of this and use it to your advantage for your next endeavors.