Nice! Most of the complaints I had earlier; muddy mixing in parts, muffled backing vocals, arpy thingy, all sound a lot better this time around. I don't have time at the moment to give an in-depth analysis between the old and new version, but from the first couple play-thrus of this new version, I can't hear those same issues I had before, so great job!
The only area that still bothers me a little bit is with the background vocals at 2:00. They're too much in the background to hear what is actually being said, but I don't think bringing them out more would be a good idea either, cause then they may overpower the lead. I think they work well as a rhythmic device, they just can't be understood. I don't really have a suggestion/solution for this, nor am I sure there even is one, it's just something I was pointing out.
Either way, I really like this song, nice update! I can't wait to hear you rock out in the Sonic Compo!