Well, I'm only 1 minute into it, and to start off I'll say that it sounds very much like a MIDI rip, with some segues into the next section. The orchestral hits are extremely cheesy and overused given the low quality. The drums lack punch, and throughout most of the song (now at 3:45) they can't be easily heard. The synths are indeed very noisy. Do some hardcore EQ'ing.
It is, however, a promising WIP, and I hope to hear an update.