Well, the good news is that the high EQ doesn't hurt my ears anymore . Unfortunately, the rhythm guitar still blends too well with the other instruments (aka it's too muddy ). Now that the general mastering is at a nice level you can tweek the individual tracks to separate them better from that rhythm guitar. I believe the whole master track could use a boost in volume, too, however you could do it (turning it down was a good idea, but I think you went a little too far with it ). The drums are pretty slick, though, now that I can hear em', and the shredding leads are really good when they're there.
I don't know if this is too liberal or not, because I sort of recognize it throughout the whole thing in pieces (personally, I think it's within their range of acceptable material). I don't know if they'll be counting seconds for this one or not, but if you want to be safe, count how many seconds of recognizable source there is in there. If it's over 2:32 worth of source your pretty safe (that's about over 50% of the song, which is what good ol' Larry looks for).
Is there any way you can compress the file down to the 6mb limit? The 12mbs make it difficult to download and listen to, atm - it takes too long to download . Besides, you'll need to take it down to that, anyway, so why not?
I think it's getting much better. Power to you, buddy!