Hey, Junkyard great job on your site. I like the colours, text and content. I find the ad at the top, the cool green clock at the side and the page counter takes away from the site and feels a bit cluttered. Instead of the text ad at the top maybe you could put banner ads in the side bar instead to make it more visually appealing. Also maybe a white or black header with some pics of electronic gadgets or logo to lighten up the site as I find the site a little too dark. Aside from these few minor tweaks I think it looks really good. Hope this was helpful.
As Linds_e said remove that clock and the page counter, and live traffic feed. Does anyone really care where the last 10 visitors came from? Archives needs to be adjusted. You should only have archives such as July (559), and let people click on that, instead of listing every single post. Content... Did you just copy that from other gadget sites? I find it hard to believe that you wrote 559 articles in one month. It's only the 26th of July and you have 559 articles. That means you wrote 21.5 articles a day. Unless you have nine other guys/girls working on your site I won't believe that you wrote all of them. And, the name, engadgetz, that is just too similar to another famous gadget blog (that I don'd need to specify) has a similar name. You could be sued for using that name. It is illegal to use a name that is too similar to another business for your domain. I don't have source for this now, but I will find it, and if you need it pm me and I will show you that. So I would recommend changing the domain name.
I agree with bigtime2. looks good. you should put a logo. the black color doesn't look good. there's too much stuff on the homepage. good luck