I liked the overall tune, it kept me listening all the way through.
Quality wise, the noise (hiss) was the biggest issue, then the low drum level, all I could really distinguish was a hi-hat and a little bit of snare. I liked the parts you arranged for the guitars but they were obscuring each other early on, the lead probably needs slightly more volume, or maybe a little eq would make it stand out more - it got better later in the song, the lead levels seemed to come up a little.
Don't know what the convention on panning is but I would have liked to hear the rhythm part in both ears with a slight delay on one chanel, and then put the lead line in the middle of the mix.
My comments are pretty subjective, you've got good musical sense, would love to hear more of your stuff.