I

loveless. :O
Video was adequte. There were several problems with it.
1) It suffered from "random scene-itus". Where it would just pop up with a random scenes after a really appropriate scene. For example, when the pink haired girl (I forgot her name right now) pops up in her japanese clothing at the very beginning. Also, when the time came to fight the BReathless couple. It had been a pretty straightforward romance video, then we get actiony-type of scenes. It's necessary to have some sort of ideas when creating the timeline, and not just dropping things on that sound good with the music.
2) It suffered from video-quality-pox. The video quality needed some work, although it wasn't as distracting as it could have been. A .h264 encode probably would have fixed it or a bit of practicing with Avisynth.
3) Repeated scenes with Soubi smoking in that room didn't do much for me.
Overall, it was adequte, like I stated. I enjoyed it to a point. It did a good job capturing the mood of the song and the anime. It could have just been much better.
Also, you didn't play up the whole "friends" aspect of the song. I would have used all of Ristuka's friends instead of just Soubi and the pink haired girl. I would have definitly used the episode where they all went out to the fair to my advantage.
Overall, I think loveless fans would get a small kick out of it, although non-fans might not be so inclined in the same manner.