emu pretty much nailed it but i'll leave a few thoughts
the biggest issue is repetition. 1:30-2:00 is pretty direct and where the song starts to get boring for me. i think this would be a great place for you to change things up with some more original writing. try breaking away from the original structure a little more or vary up the instrumentation and percussion.
drums were, as mentioned, a bit weak-muffled sounding and repetitive. i think the verse sections need a more melodic lead (outside of that underlying synth rhythm) to take the stage, although the sections at 1:00 and 2:21 were pretty good, with some nice touches (and cool effects ) on the melody.
what you've got here has good potential but needs some TLC, particularly on the arrangement front.