I like it, dude! The only thing I can add (because I have to put up some sort of constructive criticism), is that I feel as if the opacity of the bubbles could be turned down a little bit. I know that's the focus of the entire thing, but it would just help to, well, immerse them into the environment. Also, if I was told to get REALLY picky, I would say that reducing the color of the red shoulder emblem in the background. Liking pink recon visor. Bungie should give me that if I work for them, not flames.. It's already 5/5 though :B
Get rid of the purple in front of the mongoose, the focal will be so much better. Lowering the opacity as everyone else said would be nice, it's definitely an interesting piece.
The effect makes it look like it's halfway between attempting to get that "distilled" motion feel, and that special camera lense that makes things look like miniature models. Go with one or the other; both are awesome.