I just did this challenge myself by accident and then sat back wondering how the heck I managed. I can't imagine forcing myself to do it! Well, maybe I can but it's a lot harder than just being inspired and ramming through the DAW.

As for my critique, there are some things you can do to make this sound better -- one, compression. If you look at the waveform, this song is pretty quiet. You'll want to throw a compressor on the master channel and pump it up some.

For two, you can reduce your reverb and delays by a bit and hi-pass the wet reverb and delay signals to 250 hz to keep things clean.

But beyond that, I really enjoyed this. It reminds me of olskool NG underground music, of the acid variety. 1:54 was also a really cool moment!