I'd pull red in as main color, also the splatter... that would make it more action-like, blood and guts... I'd get some depth and dynamics integrated. I have to say I agree a bit with ansi.
I dont think its defined enough mate, I can see what you were going for, first of all I think the car should have at least had some black outlines to it. The movie reel is excellent! but the Text is the biggest lacker on it! not bad overall tho. I wouldn't say Meh!
That domain name is great. I personally like the splash effect. Reminds me slightly of the grungy feel of the video game Need For Speed: Most Wanted. I agree with others that the logo is a little big for a website. I would suggest adjusting the film reel slightly so it appears the car is racing along it, toward the viewer.
Its way to big. Do you have a scale-a-ble vector format of it? It looks like a free clipart template.