Ametth,
I liked the song. Well written lyrics and well arranged music. I humbly disagree with a few of the posts. I thought that the bass was fine for that song. A few comments.
1) I would like to hear the vocals resung. There are a few parts that the vocalist sounds like he's straining. There were a few parts that the vocals were a little out of tune. Have the singer use more air support during the re-recording. This song has such great potential... everything one could want in a great commercial song: great lyrics, musicianship and arrangement.
2) The vocals in the verses need to either be turned up, or you may need to clean up the location around the vox so that nothing is fighting with the singer. (maybe using the panning advice you got above) The vocals are the most important part of this song, despite great musicianship. As you stated, it's "music for making love". Lovers like lyrics!
3) The verse section could have been sung with a little more air support. Even though they are being sung softly, air support is key so that things don't lose their life.
4) The snare drum rolls and stuff in the very beginning of the song were a little stiff to me. It sounds like the drummer may be focussing too much on the metronome (if there is one). I'd recommend doing it over (just the snare part in the beginning) and letting more spaces of silence be a part of the snare line. There's an Oasis song that I recall a few years back that had a similar snare drum part throughout the song. I think the lyrics were something like "champagne supernova... in the sky...". Listen to that for how they had a looser feel. Whatever you do, just not so stiff. In fact, since you've got the piece recorded, don't listen to a metronome (If that's the case). Just base the new snare part on what's already there.
5) I personally thought that the feedback after the end of the song was a little too loud and present (in your face). I would have liked to hear that part be more distant (maybe accomplished with a touch of reverb), lower in overall volume and fading out more quickly than it did. Use your judgement. Just my opinion.
Overall, a great song with strong commercial potential with a little tightening up of things. You said "tear this one apart" so I did my best.
Rev E