the song is cool! I thought the effects in the beginning were cool but I have to agree with Christoph on this one. Way to much effects during the whole song...it's too distracting.
I like the way the flange was recoded in the beginning. Also on your backing rythum use just distortion with no effects. Also the mix needs fixing up as well.
Overall...I can see where you were going. Nice composition. And keep the effects to a minimum. Steve vai uses lots of effects but has them recorded well and only uses them where appropriate.
I started learning guitar because of Randy Rhoads..but Yngwie J. Malmsteen is my biggest influence.