hmm hmm hmm
They give me cookies if i'm nice

... dammit.
ok I'll settle more for honnest.
you need to Read <a href=http://www.a-m-v.org/guides/avtech31/>ErMaC & AbsoluteDestiny's Friendly AMV Guides</a> it will teach you about deinterlacing and how to improve you videos visual quality.
Now I've never seen school rumble (i don't like stupid comedy in movies or anime) so i really didn't find it in the least bit funny, I guess it would make more sense if i had seen it. Which brings me to another point about audience, when making a video it's good to consider your audience and decide whether the video will be for those who've seen the series or not, the latter is more helpfull but isn't always possible.
Sync needs some work but really this is a first video so you did ok, maybe next time look into some transitions and try to feel where the lyric and music change so you change scene there. I'd say though you do have a feel for it and just need to fine tune some more, it's about 50% of the way there and that's good for a first vid.
I'm not sure about picking this song for a comedy but you got the same type of bug i did, which is you listen to a song and see scenes in your head, that's also how/why i edit to what i do... great i've been cloned the world will end... my first video was also supposed to be comedy... it wasn't funny (well to me at the time it was.

)
anyway keep at it another idea might attack you and force out another video.